Economic TimesLean R·
Gold imports jump 34%; silver shipments plunge
New Delhi: India's gold imports rose by 34 per cent year-on-year to USD 3.41 billion in May, driven by high prices of the precious metal, while silver imports dipped 86.65 per cent during the month, according to the commerce ministry data.The government increased import duty on precious metals from 6 per cent to 15 per cent effective May 13.According to the data, silver imports dipped to USD 75.57 million during the month under review from USD 566.22 million in May 2025.The rise in gold imports…
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