New Delhi: The government on Wednesday, May 13, hiked import duties on gold and silver to 15 per cent from 6 per cent as part of measures to curb inbound

Gold and silver prices in India jumped sharply after the Centre raised import duty on both metals to 15%. The move has lifted domestic costs for buyers even as global gold prices edged lower.

Gold and silver futures soar after India raises import duties to 15%, aiming to curb bullion imports amid rising costs.

The customs duty hike on gold and silver has rattled jewellery stocks, with concerns rising over weaker demand and higher costs. With shares of major players turning volatile, investors are now asking a key question: is this a buying opportunity or a signal to wait?

Gold import duty hike to 15% threatens jewellery trade, risks grey market growth, and impacts consumer purchasing behavior.

India increases gold and silver import tariffs to 15% to reduce imports, support the rupee, and tackle trade deficit.