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Metal Stocks Jump As Global Base Metals Rally on Supply Shocks and Demand Surge
Economy
Published on 14 May 2026
Custom duty hike sparks gold loan shares too
Metal stocks surged on Tuesday as global base metal prices rallied sharply amid supply disruptions and strong demand. The momentum also lifted gold loan companies after the government raised customs duty on gold and silver, a move intended to curb imports while supporting domestic prices. Investors reacted positively across both metals and the lending space tied to bullion demand.
- Metal stocks climbed alongside a global base metals price rally
- Supply disruptions plus robust demand drove the overseas surge
- Gold loan firms rose after customs duty hikes on bullion
- Policy aims to reduce imports and strengthen domestic pricing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times