Govt just made Gold MUCH more expensive - What it means?

India just increased gold import duty from 6% to 15% in one move — and jewellery stocks like Titan Company, Senco Gold, Sky Gold and Goldiam International crashed instantly. But this is much bigger than just gold prices. India imported nearly $72 billion worth of gold in FY26, making gold one of the country’s biggest import categories. Since gold imports are paid in dollars, rising gold demand increases pressure on forex reserves — especially when crude oil prices are already high and Middle East tensions are rising. That’s why the government is trying to reduce “non-essential imports” by making gold significantly more expensive. In this video, we break down: Why India increased gold import duty Why jewellery stocks are falling How this impacts gold buyers and investors Why Titan, Senco, Thangamayil and other gold stocks are under pressure And the bigger economic reason behind this move Because this is no longer just a gold story. It’s becoming a macroeconomic story. #Gold #Titan #IndianStockMarket #GoldPrice #JewelleryStocks #Investing #Finance #IndianEconomy