IRAN MISSION TO UN: US USING “FREEDOM OF NAVIGATION” USED TO ADVANCE ITS AGENDA

Indian banks have been unable to import gold and silver for five weeks due to customs delays, tax uncertainty and administrative bottlenecks, traders said, disrupting supply in the world’s second-largest bullion market. Shipments have been stuck since April 1, with delays linked to late approval of eligible importers and pending customs clearance orders. The halt has pushed domestic premiums above $20 an ounce and raised shortage risks as jewelers seek to restock after the Akshaya Tritiya festival. Imports have continued only via the India International Bullion Exchange, where volumes have surged, though the process is slower and ties up capital.

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