Precious Metals Duty Update: Gold & Silver Customs Values Cut Effective 17 September 2026
Precious Metals Duty Update: New Customs Tariff Values for Gold and Silver Effective 17 September 2026 The Indian precious metals market has received a fresh customs duty valuation update effective 17 September 2026 , bringing a noticeable reduction in the tariff values applicable to imported gold and silver. The revised values come at a time when international precious metal prices remain closely watched by bullion dealers, refiners, jewellers and traders. Alongside the new customs values, the prevailing rupee-dollar exchange rate and the latest available LBMA benchmark prices provide important reference points for understanding the market environment. New Customs Duty Values Effective Today As per the latest update, the revised precious metal customs values are: Precious Metal New Customs Value Change Gold ₹19,616.74 -₹1,357.31 Silver ₹28,975.05 -₹3,414.71 The reduction is significant for both metals, with silver recording a larger absolute decline in the notified value. ...