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The Economic Times

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Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc

India saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the government has sharply increased customs duty on gold and silver. This move is expected to lead to lower import volumes in the coming months. Silver imports also saw a substantial rise.

15 May 2026 6:47 pm