Kotak Institutional Equities believes India may need stronger policy interventions if elevated crude prices and prolonged geopolitical tensions continue to strain the economy. Among the possible measures, the brokerage sees scope for tax changes on gold imports and foreign investments to manage external pressures and improve capital flows.
Gold prices in India today: Check latest 22K & 24K gold prices across Delhi, Mumbai, Kolkata, Lucknow, Jaipur, Patna and Kochi.
Petrol and diesel have a 4.8 per cent weighting in India’s CPI basket, so a 5 per cent increase could add around 25-30 bps to headline inflation, Nomura calculated.
Robert Kiyosaki has called silver one of the best investments in his portfolio in 2026, citing inflation risks, economic uncertainty and rising industrial demand. His comments come as silver prices surge in India and globally following import duty hikes and geopolitical tensions.
The Centre’s decision to increase customs duty on gold imports to 15% is expected to raise domestic bullion prices and reduce official imports, but experts warn it may also increase incentives for illegal gold trade.
Gold and silver ETFs surged up to 15% on Wednesday after the government raised customs duties on precious metal imports to 15%, triggering a sharp rally in MCX bullion prices. Gold futures crossed Rs 1.63 lakh per 10 grams, while silver prices moved close to Rs 3 lakh per kilogram, boosting investor interest in bullion-backed ETFs.
Gold prices in India today: Check latest 22K & 24K gold prices across Delhi, Mumbai, Kolkata, Lucknow, Jaipur, Patna and Kochi.
Kalyan Jewellers India Ltd saw its shares falling 5.62 per cent to Rs 341.45 on NSE. Sky Gold And Diamonds Ltd plunged 11.22 per cent to hit a low of Rs 422.50 on BSE.
All eyes are on jewellery stocks such as Kalyan Jewellers India Ltd, Titan Company Ltd, Senco Gold Ltd, Thangamayil Jewellery Ltd, PN Gadgil Jewellers Ltd, Tribhovandas Bhimji Zaveri Ltd and PC Jeweller Ltd.
Gold prices may remain volatile in the short term, but the long-term outlook for the precious metal continues to stay bullish amid geopolitical uncertainty, central bank buying and global economic risks. Silver too remains supported by rising industrial demand and persistent supply deficits, keeping investor interest intact in precious metals.
Gold prices in India today: Check latest 22K & 24K gold prices across Delhi, Mumbai, Kolkata, Lucknow, Jaipur, Patna and Kochi.
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