{"id":27311,"date":"2026-05-14T12:52:47","date_gmt":"2026-05-14T12:52:47","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=27311"},"modified":"2026-05-14T12:52:48","modified_gmt":"2026-05-14T12:52:48","slug":"gold-import-duty-hike-impact-india","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/","title":{"rendered":"Import Duty Hike on Gold Explained"},"content":{"rendered":"\n<p>The demand for gold in India has always remained robust, regardless of how high prices may rise. However, this time, the issue is not merely about the high cost of gold, but is intrinsically linked to the broader economy. The government has hiked the gold import duty from 6% to 15%, as surging imports coupled with expensive crude oil have placed significant pressure on the country&#8217;s import bill. In FY26, gold imports reached approximately $72 billion. In this article, we will examine the government&#8217;s underlying concerns behind this decision and analyze its potential impact on the market and investors.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#What_Is_Gold_Import_Duty\" title=\"What Is Gold Import Duty?\u00a0\">What Is Gold Import Duty?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#What_Exactly_Changed_in_the_New_Gold_Duty_Rule\" title=\"What Exactly Changed in the New Gold Duty Rule?\u00a0\">What Exactly Changed in the New Gold Duty Rule?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#Why_Does_India_Keep_Changing_Gold_Import_Duty\" title=\"Why Does India Keep Changing Gold Import Duty ?\u00a0\">Why Does India Keep Changing Gold Import Duty ?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#Impact_of_Gold_Duty_Hike_on_Common_Indians\" title=\"Impact of Gold Duty Hike on Common Indians\u00a0\">Impact of Gold Duty Hike on Common Indians\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#Which_Sectors_and_Companies_Could_Be_Affected\" title=\"Which Sectors and Companies Could Be Affected?\u00a0\">Which Sectors and Companies Could Be Affected?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#Expert_Views_Economic_Signals\" title=\"Expert Views &amp; Economic Signals\u00a0\">Expert Views &amp; Economic Signals\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/gold-import-duty-hike-impact-india\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-gold-import-duty\"><span class=\"ez-toc-section\" id=\"What_Is_Gold_Import_Duty\"><\/span>What Is Gold Import Duty?\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Gold import duty is a type of tax levied by the government on gold imported from abroad. Since India imports the majority of its gold requirements from other countries, the government collects customs duty on every import. The government has currently raised this duty from 6% to 15% in order to curb rising gold imports, dollar outflows, and the Current Account Deficit.<\/p>\n\n\n\n<p><strong>Example :&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Gold Import Value<\/th><th>Previously (6% Duty)<\/th><th>Now (15% Duty)<\/th><\/tr><\/thead><tbody><tr><td>Gold worth \u20b91,00,000<\/td><td>\u20b96,000 Tax<\/td><td>\u20b915,000 Tax<\/td><\/tr><tr><td>Total Cost<\/td><td>\u20b9106,000<\/td><td>\u20b91,15,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-exactly-changed-in-the-new-gold-duty-rule\"><span class=\"ez-toc-section\" id=\"What_Exactly_Changed_in_the_New_Gold_Duty_Rule\"><\/span>What Exactly Changed in the New Gold Duty Rule?\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has raised the effective import duty on gold and silver from 6% to 15%. Under the new regulations, gold imported from abroad will become significantly more expensive than before. The primary reasons cited for this decision are the rising gold import bill, the outflow of dollars, and the mounting pressure on the economy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-new-gold-import-duty-structure\">New Gold Import Duty Structure<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Duty Component<\/th><th>Earlier<\/th><th>Now<\/th><\/tr><\/thead><tbody><tr><td>Basic Customs Duty (BCD)<\/td><td>1%<\/td><td>10%<\/td><\/tr><tr><td>Agriculture Infrastructure &amp; Development Cess (AIDC)<\/td><td>5%<\/td><td>5%<\/td><\/tr><tr><td>Total Effective Import Duty<\/td><td>6%<\/td><td>15%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-what-was-the-previous-rule\">What was the previous rule?<\/h3>\n\n\n\n<p>In the 2024 budget, the import duty was reduced from 15% to 6%. At that time, the government&#8217;s focus was on supporting the jewelry industry, boosting legal imports, and curbing gold smuggling. However, following a continuous rise in imports, the policy has now been changed once again.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Year<\/th><th>Duty Rate<\/th><th>Reason<\/th><\/tr><\/thead><tbody><tr><td>2022<\/td><td>15%<\/td><td>Controlling the CAD and the Weak Rupee<\/td><\/tr><tr><td>2024<\/td><td>6%<\/td><td>Reducing Smuggling and Supporting the Jewelry Sector<\/td><\/tr><tr><td>2026<\/td><td>15%<\/td><td>Curbing Rising Imports and Dollar Outflows<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-does-india-keep-changing-gold-import-duty\"><span class=\"ez-toc-section\" id=\"Why_Does_India_Keep_Changing_Gold_Import_Duty\"><\/span>Why Does India Keep Changing Gold Import Duty ?\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rising Gold Imports Intensify Pressure : <\/strong>In FY26, India&#8217;s gold import bill reached approximately $72 billion. Higher imports translate to increased dollar outflows, thereby mounting pressure on foreign exchange reserves and the economy.<\/li>\n\n\n\n<li><strong>Current Account Deficit Begins to Widen : <\/strong>India&#8217;s CAD rose from 0.2% in FY26 to reach 1.3%. The trade deficit also widened rapidly due to increased imports of gold and crude oil.<\/li>\n\n\n\n<li><strong>Rupee Begins to Weaken : <\/strong>Driven by rising demand for the dollar and costlier imports, the Rupee fell to a record low of 95.63 against the dollar. The government aims to alleviate this pressure.<\/li>\n\n\n\n<li><strong>Threat of Smuggling Resurges : <\/strong>According to a DRI report, the number of gold smuggling cases detected daily at airports rose from approximately 2 in FY22 to 16 by FY24.<\/li>\n\n\n\n<li><strong>Gold Prices Hit Record Highs : <\/strong>In 2024, <a href=\"https:\/\/www.pocketful.in\/gold-rates\">gold prices in India <\/a>surged from \u20b966,529 to nearly \u20b979,700 per 10 grams. Investor interest in gold remained sustained amidst global uncertainties.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/import-tax-on-gold-in-india\/\">Import Tax on Gold in India<\/a> <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-impact-of-gold-duty-hike-on-common-indians\"><span class=\"ez-toc-section\" id=\"Impact_of_Gold_Duty_Hike_on_Common_Indians\"><\/span>Impact of Gold Duty Hike on Common Indians\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Jewellery Buying May Become Costlier : <\/strong>Gold prices in the domestic market could rise further following an increase in import duties. This could have a direct impact on purchases made during the wedding and festive seasons.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Company<\/th><th>Possible Impact<\/th><\/tr><\/thead><tbody><tr><td>Titan Company<\/td><td>Short-term sentiment weak<\/td><\/tr><tr><td>Kalyan Jewellers<\/td><td>Retail demand pressure<\/td><\/tr><tr><td>Senco Gold<\/td><td>Market volatility risk<\/td><\/tr><tr><td>PC Jeweller<\/td><td>Sales growth may slow<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Investors May Shift Towards Gold ETFs : <\/strong>As physical gold becomes more expensive, some investors may turn towards Gold ETFs and other &#8220;paper gold&#8221; alternatives.<\/li>\n\n\n\n<li><strong>Demand Could Slow in the Short Term : <\/strong>Amidst already elevated prices, the imposition of new duties could cause retail demand to soften for a short period.<\/li>\n\n\n\n<li><strong>Organised Jewellers May Stay Stronger : <\/strong>Large, branded jewellery companies are better positioned to manage price volatility, whereas smaller businesses may face increased pressure on their profit margins.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-sectors-and-companies-could-be-affected\"><span class=\"ez-toc-section\" id=\"Which_Sectors_and_Companies_Could_Be_Affected\"><\/span>Which Sectors and Companies Could Be Affected?\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Jewellery Stocks May See Near-Term Volatility :<\/strong> Shares of jewellery companies witnessed pressure following an increase in duties. Investors are concerned that higher gold prices could impact consumer purchases, particularly in the discretionary spending segment.<\/li>\n\n\n\n<li><strong>Gold Loan Companies Could Benefit : <\/strong>Rising gold prices could strengthen the collateral value for gold loan companies. This increases the likelihood of NBFCs and gold financing firms benefiting.<\/li>\n\n\n\n<li><strong>Organised Jewellers May Gain Market Share : <\/strong>Large, branded jewellery companies are better equipped to handle inventory management and price hedging. In such an environment, many customers may prioritize trusted brands.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-expert-views-amp-economic-signals\"><span class=\"ez-toc-section\" id=\"Expert_Views_Economic_Signals\"><\/span>Expert Views &amp; Economic Signals\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Industry Experts See Demand Pressure :<\/strong> According to the India Bullion and Jewellers Association, high import duties could impact the demand for gold and silver, as prices are already hovering at record levels. Experts believe that expensive gold could dampen retail purchases for a period of time.<\/li>\n\n\n\n<li><strong>Concerns Around Rising Smuggling Risk : <\/strong>Many industry stakeholders believe that high duties could once again lead to a surge in illegal gold imports. While smuggling had subsided to some extent following a reduction in duties in 2024, concerns have now resurfaced.<\/li>\n\n\n\n<li><strong>Chief Economic Advisor Issues Warning Signals :<\/strong>Chief Economic Advisor V. Anantha Nageswaran described the crisis in West Asia as a &#8220;live balance of payments stress test.&#8221; According to him, the impact of escalating global tensions could become clearly visible on India&#8217;s inflation, Current Account, and the status of the Rupee.<\/li>\n\n\n\n<li><strong>Rupee and Trade Deficit Remain Key Concerns : <\/strong>Amidst a rising import bill and strong demand for the dollar, the Indian Rupee has hit a record low. The government is currently striving to mitigate the mounting external pressures on the economy.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/why-are-gold-prices-rising-in-india\/\">Why Are Gold Prices Rising in India?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The decision to once again raise the gold import duty to 15% indicates that the government is currently exercising significant caution regarding the rising import bill, a weakening rupee, and foreign exchange reserves. This move is likely to impact gold prices, jewelry demand, and the stock market. However, the major challenge will lie in how to manage risks such as gold smuggling while simultaneously controlling imports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">Why did India increase gold import duty?<\/h3><p class=\"saswp-faq-answer-text\">To control rising gold imports and dollar outflow.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Will gold become expensive now?<\/h3><p class=\"saswp-faq-answer-text\">Yes, the duty increase could impact domestic prices.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Why is the government worried about gold imports?<\/h3><p class=\"saswp-faq-answer-text\">Higher imports increase the trade deficit and dollar expenditure.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can higher duty increase gold smuggling?<\/h3><p class=\"saswp-faq-answer-text\">Yes, expensive legal gold could encourage smuggling.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Which sectors may be affected?<\/h3><p class=\"saswp-faq-answer-text\">Jewelry companies and the bullion market could be affected.<\/p><\/ul><\/div>\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Gold Rate in Top Cities of India<\/th><th class=\"has-text-align-left\" data-align=\"left\">Silver Rate in Top Cities of India<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/ahmedabad\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Ahmedabad<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/ahmedabad\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Ahmedabad<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/ayodhya\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Ayodhya<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/ayodhya\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Ayodhya<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/bangalore\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Bangalore<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/bangalore\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Bangalore<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/bhubaneswar\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Bhubaneswar<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/bhubaneswar\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Bhubaneswar<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/chandigarh\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Chandigarh<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/chandigarh\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Chandigarh<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/chennai\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Chennai<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/chennai\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Chennai<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/coimbatore\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Coimbatore<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/coimbatore\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Coimbatore<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/delhi\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Delhi<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/delhi\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Delhi<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/hyderabad\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Hyderabad<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/hyderabad\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Hyderabad<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/jaipur\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Jaipur<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/jaipur\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Jaipur<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/kerala\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Kerala<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/kerala\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Kerala<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/kolkata\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Kolkata<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/kolkata\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Kolkata<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/lucknow\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Lucknow<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/lucknow\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Lucknow<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/gold-rates\/madurai\" target=\"_blank\" rel=\"noreferrer noopener\">Gold rate in Madurai<\/a><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/silver-rates\/madurai\" target=\"_blank\" rel=\"noreferrer noopener\">Silver rate in Madurai<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The demand for gold in India has always remained robust, regardless of how high prices may rise. However, this time, the issue is not merely about the high cost of gold, but is intrinsically linked to the broader economy. The government has hiked the gold import duty from 6% to 15%, as surging imports coupled [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":27412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[268],"tags":[],"class_list":["post-27311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Gold Import Duty Hike Explained: Why Duty Was Increased from 6% to 15%<\/title>\n<meta name=\"description\" content=\"India increased gold import duty from 6% to 15% to control rising imports and dollar outflows. Learn its impact on gold prices, jewellery stocks, investors, and the Indian economy.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Import Duty Hike on Gold Explained\" \/>\n<meta property=\"og:description\" content=\"India increased gold import duty from 6% to 15% to control rising imports and dollar outflows. 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