Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should investors do?

Gold and silver prices surged on MCX after the government hiked customs duty on precious metal imports to 15%. This led to significant jumps in July 2026 silver futures and June 2026 gold futures. The move follows a rise in U.S. consumer inflation, impacting global market sentiment and reducing expectations of a Fed rate cut.