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India's Ground Truth Record
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VOL. I · EST. 11.2025 
SatyaDheesh
सत्याधीश
India's Ground Truth Record
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Timelines/Concluded

India Implements 15% Gold and Silver Import Tariff

2 UPDATES · 21 DAYS · 13 MAY 20262 JUN 2026

Narendra ModiPM ModiAmit ShahMumbaiHyderabad

Latest · 13 May 2026

India implemented a 15% import tariff on gold and silver to strengthen its rupee and replenish depleted foreign currency reserves.

What this timeline covers

This event covers the Indian government's hike in gold import duties and the subsequent rally in gold financing firms' stocks, including reactions, analyses, and follow-up developments related to this specific occurrence. It excludes other actions by the Indian government, gold financing firms, or related parties unless they are direct developments of this specific duty hike and its consequences.