Refined gold is subject to 10-percent import duty in India as opposed to eight percent on gold doré, which at current prices equates to a differential of $25 per ounce – much higher than the approximate $1-2 cost of refining.
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Monday, October 26, 2015
How Gold Is Made The Mining and Refinement Process Basics
Refined gold is subject to 10-percent import duty in India as opposed to eight percent on gold doré, which at current prices equates to a differential of $25 per ounce – much higher than the approximate $1-2 cost of refining.