Budget Impact on Commodity Market

Budget Impact on Commodity Market :- Import duty on pure Gold has increased from 2% to 4% and in 1% on branded gold while government has not Increasing import duty on gold jewelry. Due to Increasing import on Gold demand will decline. Government's intent to some extent. But how much impact on Commodity Markets it will have also an important issue. Although experts say that Government's move will have little effect on Commodity Markets.