<h1>Customs and DRI Seize 7,288 kg of Gold in Under 3 Years; Impact on Formal Sectors Unclear.</h1> Customs and the Directorate of Revenue Intelligence have seized a total of 7,288 kg of gold over a span of less than three years, with 3,626.85 kg confiscated in 2019-20, 1,944.392 kg in 2020-21, and 1,717.396 kg in 2021-22 up to November. A government official stated that due to the covert nature of smuggling, the exact quantity of gold illegally entering the country is unknown. There is no reliable study to assess the impact of this illegal trade on the formal bullion and jewelry sectors. The government continues to implement policies and measures to combat smuggling.