Why Gold Is So Expensive?

Added: 2026-05-19

[00:00:00]Gold just got way more expensive. Here's why. The government just hiked gold import duty from 6% to 15%. And this is coming just days after PM Modi himself said, So, what does this actually mean for you? One, gold is about to get pricier.

[00:00:18]Whether you're buying jewelry for a wedding [music] or investing in gold ETFs or sovereign gold bonds, expect prices to go up fast. Two, if you already own gold, great news. Your gold just became [music] more valuable overnight. Three, and this is the big one. The government is basically telling Indians stop buying [music] so much gold. It's putting pressure on India's forex reserves. So, if there was ever a time to diversify beyond gold into bonds and FDs, it is now. This isn't the first time such a hike is [music] happening.

[00:00:46]In 2022, during the Russia-Ukraine war, the government hiked it from 10.75% to 15%. Gold prices jumped, jewelry sales slowed, [music] families started recycling old gold instead of buying new. Then, in 2024, they dropped it back to 6% [music] to cool things down. And now, it's back to 15%. So, drop us a comment. Are you buying more gold or holding or finally moving to something else? Till then, [music] keep following Fixed Income Academy by Grip Invest.

[00:01:13]>> Fixed returns do not constitute guaranteed or assured returns.

[00:01:15]Investments in corporate debt securities, municipal debt securities, securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and or default in payment. Read all the offer-related documents carefully.