{"id":19455,"date":"2026-05-13T09:13:11","date_gmt":"2026-05-13T06:13:11","guid":{"rendered":"https:\/\/ukrmedia.news\/?p=19455"},"modified":"2026-05-13T09:13:11","modified_gmt":"2026-05-13T06:13:11","slug":"indiia-myta-zoloto-sriblo-import","status":"publish","type":"post","link":"https:\/\/ukrmedia.news\/en\/economics\/indiia-myta-zoloto-sriblo-import\/","title":{"rendered":"India raises import duties on gold and silver"},"content":{"rendered":"

India has announced an increase in import tariffs on gold and silver. The new rules have already come into force, which may affect the precious metals market and import flows.<\/p>\n

Updated tariffs for precious metals<\/h2>\n

The Indian government has decided to increase import duties on gold and silver. According to the official announcement, the changes have already come into force and apply to both unrefined and semi-refined precious metals. Pros. information<\/a> Reuters<\/em><\/strong>, The relevant order was published on 12 May 2026.<\/p>\n

Reasons for adjusting tax policy<\/h2>\n

The Indian authorities regularly review import tariffs in response to the domestic market and price fluctuations on global exchanges. The increase in duties on gold<\/a> and silver is explained by the desire to stabilise the country's balance of payments and reduce its dependence on precious metals imports. In particular, India is one of the world's largest consumers of gold, so changes in tariffs are immediately reflected in the market.<\/p>\n

Possible impact on the market and consumers<\/h2>\n

The increase in duties could lead to higher prices for jewellery and other goods containing gold and silver. For importers, this means additional costs, and for end consumers, a possible rise in product prices. Traders are already analysing the new conditions and preparing to adjust their procurement strategies. Experts expect that this decision will also affect the volume of official imports and may stimulate the growth of illegal imports of precious metals.<\/p>\n

Why it matters<\/h2>\n

Changes in import tariffs for gold and silver in India are important not only for the local market but also for the global precious metals trade. As India has traditionally been one of the largest buyers of gold in the world, each such decision can affect international prices and trade flows. For Ukrainian exporters and investors, this is a signal to keep an eye on the dynamics of the global precious metals market.<\/p>","protected":false},"excerpt":{"rendered":"

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