Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should inve
- Posted on May 13, 2026
- By Business News Today
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- 1 min read
Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should inve
Gold and silver prices surged on MCX after the government hiked customs duty on precious metal imports to 15%. This led to significant jumps in July 2026 silver futures and June 2026 gold futures. The move follows a rise in U.S. consumer inflation, impacting global market sentiment and reducing expectations of a Fed rate cut.