India likely to exclude gold in trade deal with Gulf bloc: Report

India is unlikely to offer any tariff concessions on gold in its proposed free trade agreement with the Gulf Cooperation Council (GCC), Moneycontrol reported. Notably, India explicitly excluded gold and silver bullion, along with other sensitive items, from the tariff concessions in trade deal with Oman. On February 5, India and the six-member GCC signed terms of reference for FTA.