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Home > Gold imports
Gold imports
According to P. R. Somasunda-ram, Managing Director, India, World Gold Council, the trade had enough stocks in the run up to the festive season. Hence the imports were lower during the previous months as well as in October.
Gold imports surge 78 per cent in November
04 Dec 2019 1:33 AM

The country imported 71 tonnes of gold in November, compared with 40 tonnes in October, reports quoting government officials said.

India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Photo: Representational)
Gold imports dip 9 per cent during Apr-Oct
24 Nov 2019 4:31 PM

Dip in gold imports has helped in narrowing the country's trade deficit to USD 94.72 billion during Apr-Oct 2019-20.

Gold imports last month dropped 73 per cent to 30 tonnes from 111.47 tonnes in the year-ago month, the lowest level in three years, said a Reuters report quoting government officials.
Gold imports drop 73 per cent in August
05 Sep 2019 5:51 AM

A rally in the international gold market saw Indian prices touching record high levels several times in the past few months.

Unofficial imports stood at 35 tonnes in H1, lower than 46.8 tonnes in the same period last year.
Gold imports increase 46 per cent in June quarter
26 Jul 2019 1:25 AM

Meanwhile gold demand at the retail end rose 14 per cent to 212 tonnes.

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