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Gold imports get pricier as Centre hikes customs duty to 15% shaking Titan Kalyan shares

Economy
Published on 13 May 2026
Gold imports get pricier as Centre hikes customs duty to 15% shaking Titan Kalyan shares

A 15% duty could delay your next jewellery buy

The Centre has raised customs duty on gold and silver imports to 15%, putting pressure on jewellery stocks such as Titan Company and Kalyan Jewellers. The government says the higher levy will curb demand, help narrow the trade deficit, and support the rupee. For consumers, it may translate into higher costs and postponed purchases, impacting sales momentum.

  • Customs duty on gold and silver imports increased to 15%
  • Jewellery stocks including Titan and Kalyan Jewellers moved into focus
  • Policy aims to curb demand and support the rupee via trade deficit reduction
  • Higher effective costs may push consumers to delay buying
Read the full story at The Economic Times

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

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