Gold, silver import duty raised to 15% as govt moves to curb imports, support rupee ...Middle East

India has significantly increased import tariffs on gold and silver to 15% from 6% to curb imports and protect foreign exchange reserves. This move follows Prime Minister Modi's appeal for citizens to avoid gold purchases for a year, aiming to narrow the trade deficit and support the rupee amid global economic pressures.

Hence then, the article about gold silver import duty raised to 15 as govt moves to curb imports support rupee was published today ( Wednesday 13/05/2026 - 05:10 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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