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The Economic Times

Top News / The Economic Times

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Gold and silver get cheaper to import as government cuts base prices

Gold and silver import prices have been reduced by India's government. This action lowers the customs duty on these precious metals. The move comes as global prices for gold and silver are near record highs. India is a major consumer of gold and the largest market for silver. The government typically revises these prices every two weeks.

4 Feb 2026 10:09 am