India More Than Doubles Gold, Silver Tariffs to Defend the RupeePosted by MarketsWireIndia has raised import tariffs on gold and silver in an attempt to curb bullion purchases and defend its currency, as it grapples with the fallout from the Middle East war.1 repliestomspark wrote:This is just gonna push more people to the black market. India's been doing this for years and it never works — people just find workarounds.