New Delhi: Officials said on Thursday on Thursday that India has banned the import of some alloys, which contain more than 1% gold to regulate gold imports by weight and some collaidal precious metals.
However, industrial users can import such alloys against an import authority, an official said.
Import restrictions are applied to paladium, rhodium, and iridium alloys (uncontrolled or powder) that contains more than 1% gold. A separate order was also issued on Tuesday, the import of collaidal precious metals was banned, which refers to the suspension of gold and silver nanopes in a liquid.
The Commerce Ministry said in a statement on Thursday, “The Directorate General of Foreign Trade (DGFT), the Ministry of Commerce and Industry,, on 17 June 2025, the notification number 18/2025-26 has dated the import of alloys of the paladium, rhodium and iridium.
This remedy spreads over the current restriction on platinum imports, ensuring uniformity in import policy controlling precious metals and their alloys, it has been said.
On 5 March, the government transferred the import of platinum alloys to the banned category from the free category, except for 99% pure platinum alloys.
At the same time, the policy provides business facilities by allowing free imports of lower gold alloys, which ensures continuous availability of inputs for industrial and manufacturing sectors, including electronics, auto components and special chemical industries, including special chemical industries, “the ministry said.
This calibrated approach balances the business facility with the requirement of regulatory inspection, the couple.
There are restrictions against the background of increasing gold imports.
India’s gold imports increased by more than 27.3% from $ 45.54 billion in 2023-24, to $ 58 billion in 2024–25.
In March 2025 alone, it saw more than $ 4.47 billion to a faster jump of more than 192% compared to $ 1.53 billion in the same month last year. Strict monitoring and sanctions saw a dip of about 4% in gold imports during the first two months of the current financial year (April-May of FY26), as $ 5.65 billion against $ 5.87 billion in April-May of FY25.