Gold jewellery to get costlier: Here's how much more you need to pay on your next purchase
- Posted on May 13, 2026
- By Business News Today
- 1 Views
- 1 min read
Gold jewellery to get costlier: Here's how much more you need to pay on your next purchase
India has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on reserves. Buyers will face higher prices for jewellery. The government encourages domestic recycling and reduced reliance on imported gold. This policy change impacts consumers, traders, and the overall economy.
