Indians Will Pay More for Gold After Government Hikes Duty to 15%

May 13, 2026 - 08:30
Indians Will Pay More for Gold After Government Hikes Duty to 15%
India has raised import duty on gold and silver to 15% from 6%. This sharply increases the cost of bullion purchases for the world’s second-largest gold consumer. The new rate combines a 10% basic customs duty with a 5% Agriculture Infrastructure and Development Cess. Follow us on X to get the latest news as it...

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