India Hikes Gold Import Duty to 15%: 7 Crucial Impacts on Prices and Jewellery Stocks
The Indian government has sent shockwaves through the bullion market by significantly raising the Gold Import Duty from 6% to a staggering 15%. This bold fiscal move, announced on Wednesday, May 13, 2026, aims to stabilize a wobbling rupee and safeguard the nation’s foreign exchange reserves amidst escalating geopolitical tensions in West Asia. If you … Read more