Commodities Buzz: India's Gold imports value spikes 77% in FY27, Silver imports slide 26%

India's Gold imports came in at Rs 32656 crore in value terms in May 2026, rising around 50% compared to May 2025. Silver imports fell sharply though. Total silver imports value slumped 85% on year to Rs 722 crore in the May 2026. Gold imports value in first two months of FY27 jumped by 77% on year to Rs 85296 crore while Silver imports during the same period fell 26.20% to Rs 4567 crore. On a monthly basis, Gold import value slipped around 38% while Silver imports tanked 81% as well.

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