MSCI's quarterly rebalance cut India's weight to 12.3% from 12.4%, sparking a 1.5% Nifty drop. Consumer-facing names took the brunt: Hyundai Motor India ($281mn outflow), Jubilant FoodWorks ($161mn) and Kalyan Jewellers ($137mn) face passive selling pressure that could weigh on near-term price action.

NDTV Profit · 5/29/2026, 10:20:04 AM

Adulterated silver bars and coins laced with nickel, cadmium and lead are spreading across Jaipur, Agra, Salem, Rajkot, Kolhapur and Cuttack as prices rally. Refiners want BIS to enforce mandatory silver hallmarking and refiner licensing by Sept 2025; MCX, BSE and NSE plan quality-certified silver bars on exchanges.

Times of India · Business · 5/26/2026, 10:53:30 AM

With annual silver demand near 7,000 tonnes and investment buying surging, refiners warn that bars, coins and jewellery are routinely adulterated with prohibited metals. Assaying infrastructure trails gold sharply—1,595 hallmarking centres for gold versus 286 equipped for silver. MCX, BSE and NSE are moving to list certified 999-purity silver bars.

ET Retail · 5/26/2026, 7:19:34 AM

With Indian silver demand running at 800-850 tonnes and substandard bars flooding the market, refiners want BIS to enforce hallmarking and license refineries. MCX, BSE and NSE are readying 999-purity certified silver bars, expanding oversight beyond the 286 hallmarking centres now active versus 1,595 for gold.

ET Small Business · 5/26/2026, 5:18:07 AM

Import duty jumps from 6% to 15% (BCD 10% + AIDC 5%), silver bars reclassified as restricted requiring DGFT licences, and MCX opens delivery to domestic refiners. Incremental cost of Rs 26,100/kg will keep jewellery, silverware and coin prices structurally above global benchmarks despite a 7% domestic price fall.

Financial Express · BrandWagon · 5/19/2026, 1:22:44 PM

India tightened silver import rules to a licence regime atop recent precious-metals duty hikes, even as MCX gold slipped 0.47% to Rs 1,57,413/10g and silver eased 1.1% to Rs 2,68,903/kg. Jewellery retailers face costlier, slower sourcing despite softer screen prices.

NDTV Profit · 5/18/2026, 4:25:00 AM

Government restricts silver imports across all forms with immediate effect, channelling supply solely through nominated agencies. Domestic premiums set to rise as 80% import-reliant market faces tighter availability; jewellers and bullion retailers face margin pressure even as global spot silver remains largely unmoved.

Mint · Markets · 5/17/2026, 10:04:17 AM

Gold fell 1.78% to Rs 1,59,098/10g and silver tumbled ~6% to Rs 2,73,601/kg on May 15 as US inflation, rising yields and a firmer dollar pressured bullion. India simultaneously hiked gold-silver import duty to ~15% from 6% (total tax 18.45%) and capped duty-free jewellery-export gold at 100 kg, pressuring Tanishq and peers.

Business Today · Latest · 5/15/2026, 12:16:50 PM

Centre raised gold and silver import duties from 6% to nearly 15% and imposed a 100-kg gold import cap to defend forex reserves. Move lands as MCX gold trades at ₹1,61,978/10gm and spot gold slips to $4,610/oz, threatening jewellery demand at Augmont and listed retailers ahead of the wedding season.

The Hindu BusinessLine · 5/15/2026, 8:37:28 AM

Import duty on gold, silver and platinum jumps from 6% to 15% with a 100kg cap on duty-free Advance Authorisation imports. PM Modi's call to postpone wedding gold purchases for a year threatens jewellery retailer footfall as MCX gold slips 0.82% to Rs 1,60,133/10g.

NDTV Profit · 5/15/2026, 4:59:11 AM

Government raised basic customs duty on gold from 6% to 10% and lifted AIDC five-fold to 5%, pushing total tax incidence to 18.45%. DGFT capped duty-free jewellery-exporter imports at 100kg. Domestic 22K gold at ₹14,895/gm; spot discounts widened past USD 200/oz as physical demand cooled.

Times of India · Business · 5/15/2026, 3:05:03 AM

Post import duty hike to 15%, Nuvama sees MCX gold (CMP Rs 1,62,400) targeting Rs 1,70,000 with stoploss Rs 1,55,000, and silver (CMP Rs 2,97,400) eyeing Rs 3,40,000 with stoploss Rs 2,62,000 on a weekly horizon. Direct hit to jewellery retailer input costs and shelf pricing.

Times of India · Business · 5/15/2026, 1:55:01 AM

Centre's duty hike on precious metals on May 13, 2026 pushed 24K gold up ₹9,338 to ₹16,285.8/gram and silver to ₹2.97L/kg. MCX Aug 2026 gold hit ₹1,66,620/10g. With PM Modi already urging restraint on gold buying, Tanishq, Kalyan and Malabar face margin and footfall pressure heading into wedding season.

Hindustan Times · Business · 5/15/2026, 1:52:39 AM

Indian jewellery sector faces volume headwinds with gold and silver up 6% on MCX and rupee opening at 95.52/$. Players expect 10-15% drop in gold imports as consumers pivot to old-gold exchanges post duty hike. Sector holds 20-25% FY27 value growth guidance, betting price inflation offsets volume softness.

Indian Express · Business · 5/15/2026, 1:47:11 AM

New regulated digital gold products from NSE and Dhan promise 999 purity and physical delivery from 100mg to 1kg across 75 cities. Yet 3% GST, 40-50bps conversion costs and limited vault access blunt appeal. With Q1FY26 gold demand at $25B and MCX prices up 122% in two years, branded jewellers — not hybrid products — are capturing the retail wallet.

Mint · Markets · 5/15/2026, 12:45:35 AM

IBA retail rates on May 13 show 24K gold at ₹1,61,410/10g and 999 silver at ₹2,96,570/kg after duty hike from 6% to 15%. MCX June gold ₹1,62,648/10g, July silver ₹2,96,984/kg. Spot gold $4,695.99/oz. City variations across Delhi, Mumbai, Hyderabad, Kolkata, Bengaluru, Chennai.

Mint · Money · 5/14/2026, 1:17:00 AM

India's gold/silver import duty jump from 6% to 15% (10% BCD + 5% AIDC) may revive smuggling and squeeze larger organised jewellers, Jefferies warns. Titan seen as relatively insulated via domestic sourcing and ~50% exchange mix. MCX gold and silver futures both spiked ~6% on the move.

NDTV Profit · 5/13/2026, 11:18:23 AM

Effective May 13, 2026, the Centre raised gold and silver import duty from 6% to 15% (platinum 6.4% to 15.4%) to curb non-essential imports and ease forex pressure. MCX gold jumped 6%, silver crossed ₹3 lakh/kg. Mumbai 24K is ₹1,63,000/10g, 22K ₹1,49,417; Delhi 24K ₹1,62,270, Chennai ₹1,63,250 — squeezing jewellery retail demand into wedding season.

NDTV Profit · 5/13/2026, 9:12:56 AM

On May 13, 2026, India raised gold and silver import duty from 6% to 15% amid Middle East tensions. MCX June gold futures surged 6% to Rs 1,62,334 per 10g; July silver futures climbed 6.52% to Rs 2,97,251/kg. Jewellery retailers face margin and demand pressure despite PM Modi urging buyers to defer purchases.

NDTV Profit · 5/13/2026, 7:43:11 AM

MSCI's May 2026 review adds four Indian names to its Global Standard Index and drops four, with changes effective May 29. Federal Bank leads passive inflows at $491M, followed by MCX ($373M) and Nalco ($308M). Hyundai India faces $281M outflow; Jubilant Foodworks and Kalyan Jewellers exit with $161M and $137M outflows. India weight slips marginally to 12.3% from 12.4%; Adani Energy Solutions excluded on NSE surveillance.

The Hindu BusinessLine · 5/13/2026, 7:25:27 AM

Gold on MCX crossed ₹1.63 lakh with resistance at ₹1,64,000 and upside targets of ₹1,65,000-₹1,66,000, lifted by geopolitical tensions, a record-low rupee at 95.63, and India's import duty hike from 6% to 15%. COMEX gold held $4,700-$4,730; silver traded above ₹2,95,000.

The Hindu BusinessLine · 5/13/2026, 5:40:59 AM