Base Import Price
Govt cuts base import price of gold by $14/10 gm, silver by $16/kg
This story was originally published at 10:15 IST on 29 November 2025
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--Govt cuts gold base import price to $1,336/10 gm from $1,350/10 gm
--Govt cuts silver base import price to $1,723/kg vs $1,739/kg
MUMBAI – The government has reduced the base import price of gold by $14 to $1,336 per 10 grams, according to a notification issued by the Central Board of Indirect Taxes and Customs on Friday. The base import price of silver has also been cut by $16 per kilogram to $1,723 per kg. The base import prices of gold and silver were last revised on Nov. 14.
The government normally revises base import prices of gold and silver every fortnight, and these are used to calculate the duty on these 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 89.46
Reported by Shreya Shetty
Edited by Tanima Banerjee
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