Govt mulling curbs on gold imports from Indonesia

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Worried over a surge in gold imports from Indonesia that crossed 600 kg in the last two months, the Government is considering ways to check the increase in the in-bound shipments, a Government official said.  A decision to this effect is expected this week only, the official added. The Government has recently imposed restrictions on imports of the precious metal from South Korea on account of jump in gold imports from that country. Because of this, the official said, the in-bound shipments are now increasing from Indonesia.           

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