India has no plans to raise gold, silver import duties, govt source says

India ‌has no ​plans to raise ‌duties on gold and silver imports, a government ‌source said on Monday, ‌a day after Prime Minister Narendra Modi ⁠urged ​people ⁠to avoid buying gold ⁠for a year due ​to the impact of the ⁠Iran war.

India is ⁠the ​world's second-largest consumer of gold ⁠and the largest consumer of ⁠silver.