#gold-imports
Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt source
Gold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices and reduced jewellery demand also contributed to this trend. Increased global gold recycling is another factor. Offici…
Gold imports drop 70% to 30 tonnes after duty hike: Official
However, in value terms, India’s gold imports rose by 34% year-on-year to $3.41 billion in May, driven by higher prices of the precious metal
India’s Gold Import Problem May Already Have A Solution At Home
India's massive gold imports are prompting a shift in consumer behaviour. Families are now exchanging old jewellery, unlocking dormant value. Organised brands are expanding gold exchange programs, making purchases more transparent. This trend helps reduce …
How gold ETFs, tax changes, and recycling incentives can reduce India’s dependence on gold imports
One of the objectives of the gold ETF was not merely financial innovation but to reduce, or at least postpone, the import of physical gold. The idea was elegant: channel India’s deep and lasting appetite for gold into financial products rather than repeated s…
Economic activity holds steady in May, Flash PMIs show
To limit the economic shock, India has raised fuel prices, curbed gold imports and tightened currency-market rules
Allow gold ETFs to unlock vaults
When gold ETFs were allowed in 2006, full physical backing made sense. A relaxation now can reduce imports
India's gold imports: How it impacts our economy | An explainer
India's gold imports are at an all-time high, reaching USD 71.98 billion in 2025-26. This surge is driven by increased prices and trade agreements. High imports pressure India's trade deficit and foreign exchange. The government is reviewing trade policies to…
No plan to raise duties on gold, silver imports: Indian Govt official
India will not raise import duties on gold and silver despite concerns over rising import bills and foreign exchange reserves.
India could save $45 billion in forex by following Prime Minister Modi's advice
The estimate is based on relatively modest behavioural changes: a 10% reduction in crude oil, gold, and edible oil consumption; a 50% cut in fertiliser imports; and a complete stop to discretionary spending on foreign travel
India news: Cut fuel use, gold buys and foreign trips, says Modi, as no end in sight to Iran war
Prime Minister Narendra Modi is asking Indians to make a series of changes in their consumption habits to help the country withstand the global economic upheaval from the Iran war. DW has the latest.
Standstill in India gold imports drags on, threatens supply
Indian banks face an unprecedented five-week halt in gold and silver imports, causing domestic prices to surge and threatening shortages. Administrative hurdles and tax uncertainties have stalled shipments since April 1, impacting jewelers restocking after Ak…
Standstill in Indian Gold Imports Drags On and Threatens Supply
Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s second-biggest bullion market.