Published: May 18, 2026, 13:01 IST | Updated: May 18, 2026, 13:01 IST
India has officially restricted silver bar imports in a major policy shift that could reshape the precious metals market. The Directorate General of Foreign Trade has revised the import status of silver bars from “free” to “restricted” with immediate effect. The move is raising concerns over forex pressures, silver demand, and supply chain disruptions. In this report, we examine why India made this decision and what it could mean for traders, investors, and the broader economy.