Gold import duty jumps to 15%: Here’s what it means for Indian jewellery buyers

Gold import duty jumps to 15%: Here’s what it means for Indian jewellery buyers

May 13, 2026
The move comes at a time when the government is trying to manage rising import costs and protect foreign exchange reserves amid global uncertainty and tensions in West Asia. While the larger economic reasons are being discussed widely, for most people the real concern is simple — will gold jewellery now cost significantly more?

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Gold import duty jumps to 15%: Here’s what it means for Indian jewellery buyers

The move comes at a time when the government is trying to manage rising import costs and protect foreign exchange reserves amid global uncer...