Smuggled Gold Now Rs 8,000 Cheaper Per 10g; 100 Tonnes Expected to Enter India in 2025

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Smuggled gold has become significantly cheaper than market-rate gold, with a price difference of Rs 8,000 per 10 grams driving demand for illicitly imported metal. Estimates suggest that as much as 100 tonnes of smuggled gold could enter India this year. The Directorate of Revenue Intelligence has stepped up operations against organised gold smuggling networks in response to the growing trend. Government data released on July 25 shows the agency has already seized over 27 kg of foreign-origin smuggled gold. The surge in smuggling activity highlights the challenge authorities face in curbing illegal gold imports despite intensified enforcement efforts.

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