Malaysia Jolts Bullion Trade With 10% Import Duty on Gold Bars

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AI Summary

Malaysia has imposed a 10% import duty on some gold bar shipments, disrupting the bullion trade in the Southeast Asian nation. Traders familiar with the matter report that this move impacts the trading environment.

Malaysia has imposed a 10% import duty on some gold bar shipments, according to traders familiar with the matter, disrupting the bullion trade in the Southeast Asian nation.

Politics Markets Commodities Malaysia gold import duty bullion trade gold bars trade disruption import tariffs Southeast Asia

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