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Gold and silver prices surge in India as import duty doubles to 15% pushing 24K to ₹1,63,000

Gold and silver prices surge in India as import duty doubles to 15% pushing 24K to ₹1,63,000

Gold jumped nearly 6% to around ₹1,63,000 for 24K and silver climbed about 6.2% to roughly ₹2,96,910/kg in India on 13 May 2026. The main trigger: the government more than doubled import duty to 15% from 6%, adding a 10% customs duty and 5% Agriculture Infrastructure and Development Cess. Markets also watched global safe-haven cues and US dollar moves.

Summarised by Beize from a story on Startup Talky on 13 May 2026
Hindustan Zinc shares jump 5% as silver prices near 3 lakh after import duty hike

Hindustan Zinc shares jump 5% as silver prices near 3 lakh after import duty hike

India raised import duties on gold and silver to 15%, pushing precious metal prices higher. Shares of Hindustan Zinc, the country’s largest silver producer, jumped about 5% and Vedanta rose roughly 4% as markets priced in benefits from elevated silver rates. The government also hopes to curb imports and support rupee stability.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Gold prices hold steady today as markets watch inflation easing and US Iran peace talks

Gold prices hold steady today as markets watch inflation easing and US Iran peace talks

Gold and silver prices stayed largely unchanged on May 8, 2026, after a recent rise linked to easing inflation concerns and hopes of US Iran peace talks. Analysts suggest gold may climb toward $4,800 to $4,850, while silver could target $85. Traders are now waiting on key economic data to set the next move.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Gold Near Rs 1 5 Lakh Per 10g As Silver Hits Rs 2 4 Lakh Volatility Returns

Gold Near Rs 1 5 Lakh Per 10g As Silver Hits Rs 2 4 Lakh Volatility Returns

Gold prices in India are holding steady around Rs 1.49 lakh per 10 grams, while silver is in a more unstable mood near Rs 2.4 lakh per kg on MCX. Mixed global cues, inflation and oil concerns, and geopolitical tensions are shaping both metals, with silver attempting recovery after recent sharp drops.

Summarised by Beize from a story on Startup Talky on 6 May 2026
Gold jumps to ₹1.53 lakh as silver slips again in India’s bullion market today

Gold jumps to ₹1.53 lakh as silver slips again in India’s bullion market today

Gold prices in India rebounded sharply on Tuesday, with 24-carat bullion hitting around ₹1.53 lakh per 10 grams in major metros like Delhi and Mumbai. The rally is being driven by safe-haven demand as West Asia tensions continue. Silver, however, is lagging—slipping toward about ₹2.60 lakh per kg, showing a rare split in investor preferences.

Summarised by Beize from a story on Republic on 28 Apr 2026
Gold and Silver Prices Drop in India on 27 April 2026 Gold Near 1 52 Lakh Silver Falls

Gold and Silver Prices Drop in India on 27 April 2026 Gold Near 1 52 Lakh Silver Falls

Gold and silver prices slipped in India on 27 April 2026. MCX gold for June 2026 hovered around ₹1.52 lakh per 10g, while MCX silver for May 2026 eased to about ₹2.44 lakh per kg. A stronger US dollar plus US Iran geopolitical tensions kept demand cautious, even as Indian buying on dips and wedding season support limited deeper losses.

Summarised by Beize from a story on Startup Talky on 27 Apr 2026

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Gold Silver Prices Slip Again in India as Stronger Dollar Hits Bullion Demand

Gold Silver Prices Slip Again in India as Stronger Dollar Hits Bullion Demand

Gold and silver prices in India fell for a third consecutive session on Thursday, April 23. The dip mirrors global markets where a stronger U.S. dollar and higher bond yields have reduced bullion’s appeal. Shifting expectations around interest rates are prompting investors to stay cautious, dragging prices in major cities including Mumbai.

Summarised by Beize from a story on Republic on 24 Apr 2026
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