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On the hike in imports duty, Hareesh said, “The recent hike in India’s gold import duty is likely to raise local prices and temporarily dampen physical demand. However, investors should not view this as a reason to panic. Gold continues to hold its appeal as a safe-haven asset, particularly in times of global uncertainty and domestic currency pressures. For investors, the preferred route remains digital gold or gold ETFs. These options avoid the risks associated with physical holdings, such as smuggling-driven price distortions, storage costs, and liquidity issues.”