Gold, Silver Prices Set for Major Impact..!

The Union Government has doubled import duty on gold, silver, and platinum from 5% to 10%. The revised customs duty will come into effect from midnight today. Market experts say this move is likely to push gold and silver prices higher, adding pressure on consumers.

India’s gold imports in 2025 – 26 have reportedly reached record levels, making the country the second-largest consumer of gold after China. With the duty hike, concerns are rising over increased financial burden on the common man amid already high prices.