https://www.taxtmi.com/news?id=72823 Gold and silver imports rose sharply in April, with gold reaching USD 5.62 billion and silver USD 411 million, while higher customs duty on precious metals is expected to reduce imports. The article notes that the UAE CEPA tariff rate quota for gold bullion had limited impact on overall imports, with Switzerland remaining the largest source of gold and imports continuing to affect the trade and current account deficit. en-us Fri, 15 May 2026 18:31:03 +0530 Fri, 15 May 2026 18:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72823 Gold and silver imports rose sharply in April, with gold reaching USD 5.62 billion and silver USD 411 million, while higher customs duty on precious metals is expected to reduce imports. The article notes that the UAE CEPA tariff rate quota for gold bullion had limited impact on overall imports, with Switzerland remaining the largest source of gold and imports continuing to affect the trade and current account deficit. News - Fri, 15 May 2026 18:31:03 +0530 https://www.taxtmi.com/news?id=72823