Fresh Revision
Govt raises gold base import price to $1,544/10 gm, silver to $2,509/kg
This story was originally published at 20:39 IST on 16 April 2026
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MUMBAI – The government has raised the base import price of gold by $18 to $1,544 per 10 grams, according to a notification issued by the Central Board of Indirect Taxes and Customs on Wednesday. The base import price of silver has been raised by $82 to $2,509 per kilogram. The base import prices of gold and silver were last revised on Apr. 2.
The government generally revises base import prices of gold and silver every fortnight but makes changes more frequently 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 93.19
Reported by Taniva Singha Roy
Edited by Akul Nishant Akhoury
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