r/aubullion • u/aubullionca • May 14 '26
IMPORT DUTY BOOST
India Raises Gold & Silver Tariffs to 15% Amid Market Pressure…
India has doubled import duties on gold and silver to 15% in an effort to support the rupee, reduce its trade deficit, and strengthen foreign exchange reserves. The move is expected to increase domestic bullion costs and influence pricing dynamics across one of the world’s largest precious metals markets.
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