Govt raises silver base import price by $396/kg to $2,817, keeps gold unch
This story was originally published at 08:59 IST on 25 February 2026
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--Govt raises silver base import price to $2,817/kg from $2,421/kg
MUMBAI - The government has raised the base import price of silver by $396 to $2,817 per kilogram, according to a notification issued by the Central Board of Indirect Taxes and Customs late on Tuesday. The base import price of gold has been kept unchanged at $1,624 per 10 gm. The base import price of silver was last revised on Feb. 18, while that of gold was last revised on Feb. 13.
The government generally revises base import prices of gold and silver every fortnight but makes more frequent changes when prices are volatile. Base import prices are used to calculate import duty on precious metals that individuals bring into the country. India is one of the world's biggest importers of silver and the largest consumer of gold. End
US$1 = INR 90.95
Reported by Shreya Shetty
Edited by Vandana Hingorani
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