<p>Mumbai: India raised the base import prices of gold and silver as prices in the world market strengthened, while largely keeping the base price of vegetable oils steady, the government said in a statement late on Thursday. </p><p>The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold. </p>.Electric scooters are choking oil’s boom market.<p><strong>Commodity:</strong></p><p><strong>Crude palm oil</strong></p><p>New price in $: 891</p><p>890</p><p><strong>RBD palm oil</strong></p><p>New price in $: 902</p><p>Old price in $: 901</p><p><strong>RBD palmolein</strong></p><p>New price in $: 910</p><p>Old price in $: 910</p><p><strong>Crude soya oil</strong></p><p>New price in $: 903</p><p>Old price in $: 903</p><p><strong>Gold</strong></p><p>New price in $: 654</p><p>Old price in $: 639</p><p><strong>Silver</strong></p><p>New price in $: 724</p><p>Old price in $: 716</p>.<p>Base prices for all commodities are in $ per metric ton, except for gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg.</p>
<p>Mumbai: India raised the base import prices of gold and silver as prices in the world market strengthened, while largely keeping the base price of vegetable oils steady, the government said in a statement late on Thursday. </p><p>The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold. </p>.Electric scooters are choking oil’s boom market.<p><strong>Commodity:</strong></p><p><strong>Crude palm oil</strong></p><p>New price in $: 891</p><p>890</p><p><strong>RBD palm oil</strong></p><p>New price in $: 902</p><p>Old price in $: 901</p><p><strong>RBD palmolein</strong></p><p>New price in $: 910</p><p>Old price in $: 910</p><p><strong>Crude soya oil</strong></p><p>New price in $: 903</p><p>Old price in $: 903</p><p><strong>Gold</strong></p><p>New price in $: 654</p><p>Old price in $: 639</p><p><strong>Silver</strong></p><p>New price in $: 724</p><p>Old price in $: 716</p>.<p>Base prices for all commodities are in $ per metric ton, except for gold and silver. The gold tariff is in $ per 10 grams and silver in $ per kg.</p>