Gold import duty jumps to 15 percent as buyers face fresh 18k 22k 24k price shock

Published on 13 May 2026

Duty rises from 6 percent to 15 percent—here’s how prices react

India has raised gold and silver import duties to 15% from 6% to curb overseas purchases and safeguard foreign exchange reserves. The change is already reflected in daily metal quotes across key cities, with Delhi and Mumbai showing 24k, 22k, and 18k rates at sharply updated levels for consumers watching today’s gold prices.

Import duty on gold and silver increased to 15% from 6%
The move aims to reduce overseas buying and protect foreign exchange
Daily gold rates across major cities were updated for 18k 22k 24k
Delhi and Mumbai show higher quoted prices for all listed karats

#gold rates #import duty #gold #india #silver

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Gold import duty jumps to 15 percent as buyers face fresh 18k 22k 24k price shock

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