Download the app
← Latest news

Gold import duty jumps to 15% here is what investors should do next

Economy
Published on 13 May 2026
Gold import duty jumps to 15% here is what investors should do next

Duty hike ripples through ETFs MCX and jewellery rates

Gold surged after India raised import duty from 6% to 15%, pushing up MCX and IBJA rates, influencing gold ETFs and increasing jewellery retailer prices. Experts urge existing investors to avoid panic selling and treat gold as an inflation and global-uncertainty hedge. For new buyers, they recommend staggered purchases rather than investing a lump sum.

  • Import duty rose from 6% to 15%, driving gold prices higher
  • MCX, IBJA rates, ETFs and jewellery prices were hit
  • Experts advise holding gold as a hedge, not panic selling
  • New investors should use staggered buying instead of lump sums
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.