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Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals - explained - The Times of India

India Business News: In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the wo.

Raccontata dahindustantimes.comtheprint.incnbc.comeconomictimes.indiatimes.comtimesofindia.indiatimes.comthehindubusinessline.comcryptobriefing.com

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6 prospettive sulla stessa storia
AI · summaries
timesofindia.indiatimes.comStai leggendo1 mesi fa

Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals - explained - The Times of…

India Business News: In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the wo.

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Timeline cronologica

  1. mercoledì 13 maggio 2026·hindustantimes.com

    Centre raises gold, silver import duties to 15% amid West Asia turmoil

    Import duties on gold and silver has been increased from 6% to 15%, while the import duty on platinum has been increased from 6.4% to 15.4%. | Business News

  2. mercoledì 13 maggio 2026·theprint.in

    Centre more than doubles tariffs on gold, silver to defend rupee

    The hikes, aiming to dampen demand in the world’s second-largest bullion market, follow a rare weekend appeal from PM Modi. Gold is the country’s largest import item after crude…

economictimes.indiatimes.com1 mesi fa

Explainer: Why India's higher tariffs are unlikely to dent gold, silver demand

India has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves. The government views precious metals as non-essential imports that strain the…

Leggi questa versione → originale
cnbc.com1 mesi fa

India hikes bullion import duties as the world's second-largest gold market faces a declining rupee

The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.

Leggi questa versione → originale
theprint.in1 mesi fa

Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc

New Delhi, May 15 (PTI) India’s gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though imports may decline in the coming months following the…

Leggi questa versione → originale
hindustantimes.com1 mesi fa

Centre raises gold, silver import duties to 15% amid West Asia turmoil

Import duties on gold and silver has been increased from 6% to 15%, while the import duty on platinum has been increased from 6.4% to 15.4%. | Business News

Leggi questa versione → originale
thehindubusinessline.com1 mesi fa

Precious saving

Increasing import duties on gold, the right step

Leggi questa versione → originale
  • mercoledì 13 maggio 2026·cnbc.com

    India hikes bullion import duties as the world's second-largest gold market faces a declining rupee

    The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.

  • mercoledì 13 maggio 2026·economictimes.indiatimes.com

    Rising duties may cut India’s gold imports sharply: Mohammed Imran

    India's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will cool demand, reduce imports, and push…

  • mercoledì 13 maggio 2026·economictimes.indiatimes.com

    The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?

    Indias shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn…

  • mercoledì 13 maggio 2026·economictimes.indiatimes.com

    Gold import duty hike triggers buying rush and volume concerns, says Senco Gold MD

    India's gold jewellery market is adjusting to a new reality. An import duty hike is causing consumers to rush purchases. Industry experts predict a drop in sales volumes.…

  • mercoledì 13 maggio 2026·theprint.in

    Gold soars by Rs 8,550, silver by Rs 20,500 after import duty hike

    New Delhi, May 13 (PTI) Gold prices soared by Rs 8,550 to a little over Rs 1.65 lakh per 10 grams in the local market here on Wednesday after the government increased the import…

  • mercoledì 13 maggio 2026·theprint.in

    Gold duty hike may hit volumes, spike recycling: jewellers

    Kolkata, May 13 (PTI) Jewellers and industry leaders on Wednesday said the hike in import duty on gold and silver could impact jewellery volumes in the short term, though demand…

  • mercoledì 13 maggio 2026·economictimes.indiatimes.com

    Explainer: Why India's higher tariffs are unlikely to dent gold, silver demand

    India has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves. The government views precious metals as…

  • mercoledì 13 maggio 2026·economictimes.indiatimes.com

    Duty hike may bring out more old gold into market

    Industry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investments in gold bars and coins can reduce…

  • giovedì 14 maggio 2026·economictimes.indiatimes.com

    Brace for higher gold prices and supply boom in grey markets after customs duty hike: SBI report

    15% customs duty hike on gold imports is expected to raise domestic prices and potentially divert supplies through unofficial channels, according to SBI Research. This move could…

  • giovedì 14 maggio 2026·timesofindia.indiatimes.com

    Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals - explained - The Times of India

    India Business News: In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the wo.

  • giovedì 14 maggio 2026·timesofindia.indiatimes.com

    Gold custom duties hiked: Gold duty hike may raise domestic prices, divert supplies to grey markets: SBI report

    Gold is expected to become costlier after the government's recent move to raise import duty to 15%. Alongside, the impact is likely to show up in domestic prices as well as trade…

  • giovedì 14 maggio 2026·thehindubusinessline.com

    Precious saving

    Increasing import duties on gold, the right step

  • venerdì 15 maggio 2026·economictimes.indiatimes.com

    India moves to buffer economy against Iran war fallout

    India is taking urgent steps to protect its economy. Fuel prices have risen. Gold imports are restricted. Local government staff in Delhi are working from home to save fuel. Sugar…

  • venerdì 15 maggio 2026·theprint.in

    Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc

    New Delhi, May 15 (PTI) India’s gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though imports may…

  • sabato 16 maggio 2026·economictimes.indiatimes.com

    India’s gold import duty hike: A double-edged sword

    India has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. However, India's strong cultural demand for…

  • sabato 16 maggio 2026·thehindubusinessline.com

    Govt restricts silver bar imports after steep duty hike

    India tightens silver bar imports, requiring government authorization after significant duty hikes to control trade deficit and currency concerns.

  • sabato 16 maggio 2026·theprint.in

    Govt imposes import curbs on silver

    New Delhi, May 16 (PTI) Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on silver by putting the metal under…

  • domenica 17 maggio 2026·cryptobriefing.com

    India restricts silver imports to support rupee and cut import bill

    India moves silver imports to restricted status, requiring government licenses and raising duties above 18% after a 150% surge in import value during FY 2025-26.