Offer your thoughts or opinion on the input financial query or topic using your financial background.

Can gold prices vary between two places or country at the same time?
I don't know about an actual example now, but in the past, India had restrictions on how much gold you could bring into the country from abroad, and there were heavy customs duties. Thus, gold smuggling was a huge business, because by avoiding the duties, people could stand to make a lot of money. At some point in 90s, India made changes in these laws so that smuggling was not as profitable.