India has increased the base import prices for gold, silver, and all vegetable oils, effective mid-October 2025. The revision, which occurs bi-weekly, is intended to align with rising global market rates.
The Indian government uses these base import prices to calculate the taxes that importers must pay. India is a major consumer and importer of these commodities. It is the world's biggest importer of edible oils and silver, and the second-biggest consumer of gold.
The revised base import price for gold is now $1327 per 10 grams, while silver is at $1663 per kg.
