Gold import duty hike | Udaipur Kiran

Gold Jumps Rs 9,231, Silver Surges Rs 16,675 After Import Duty Hike

13 May 2026 9:39 AM by Bhupendra Singh Chundawat

Mumbai, May 13 (Udaipur Kiran) — Gold and silver prices witnessed a sharp rally on Wednesday after the Central Government increased import duty on precious metals overnight. On the Multi Commodity Exchange (MCX), gold prices surged nearly 6 percent, or Rs 9,231, to open at Rs 1,62,648 per 10 grams. Silver prices also recorded a … Read more

Gold, Silver Prices Likely to Rise as Centre Hikes Import Duty 10 percent

13 May 2026 7:36 AM by Bhupendra Singh Chundawat

Mumbai, May 13 (Udaipur Kiran) — Gold and silver prices are expected to rise after the Central Government increased import duty on precious metals with immediate effect from Tuesday night. Under the revised structure, the government has imposed a 10 percent Basic Customs Duty and a 5 percent Agriculture Infrastructure and Development Cess (AIDC) on … Read more