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Latest Articles in gold imports
Gold Imports Jump Multi-Fold To USD 7.9 Bn In April-June Quarter
Imports of the yellow metal had plunged to USD 688 million (Rs 5,208.41 crore) in the corresponding period last year, the data showed.
Read MoreUnusual Gold Imports In India In March 2021
Growth in imports of gold indicates the positive sentiment in the domestic and international market. I am also expecting growth in exports of jewellery in the current fiscal
Read MoreGold Imports Surge To 160 Tonnes In March On Price Drop, Duty Cut: GJEPC
Gold prices have declined on an average to Rs 40,179 in March 2021, which is the lowest through the financial year from April 2020 to February 2021
Read MoreGold Imports Rise By 22.58% To $34.6 Bn In 2020-21
Despite growth in gold imports, the country's trade deficit narrowed to USD 98.56 billion during 2020-21 as against USD 161.3 billion in 2019-20.
Read MoreIs Gold Losing Its Lusture ?
The total demand for gold in India dwindled by 35 percent in 2020 to 446.4 tonnes — lowest in the last 25 years — from 690.4 tonnes in 2019.
Read MoreIndia's August Gold Imports Doubles To Hit 8-Month Peak - Government Source
The world's second-biggest consumer of the precious metal imported around 60 tonnes of gold in August, up from 32.1 tonnes a year ago
Read MoreIndia's Silver Imports Could Tumble As Scrap Supplies Surge, Importers Say
Lower imports by the world's biggest silver consumer could weigh on global prices that have risen more than 50% so far in 2020.
Read MoreIndia Gold Dealers Charge Premiums As Imports, Smuggling Stall
India's gold imports dived 86% year-on-year in June because of record high prices and as international air travel was banned in response to the COVID-19 pandemic.
Read MoreIndia's May Gold Imports Fall 99% From A Year Ago To 1.4 Tonnes
The world's second-biggest consumer of the precious metal imported around 1.4 tonnes of gold in May, down from 133.6 tonnes a year ago
Read MoreIndia's February Gold Imports Drop 41% As Prices Hit Record High - Government Source
The world's second-biggest consumer of gold imported 46 tonnes in February, compared with 77.64 tonnes a year earlier.
Read MoreGold Imports Dip 6.77% During April-Dec 2019
The country's gold imports dipped about 3 per cent in value terms to $ 32.8 billion in 2018-19.
Read MoreIndian Gold Imports Hit Three-Year Low As Prices Jump: Government Source
India imported 26 tonnes of gold in September, down from 81.71 tonnes a year ago
Read MoreIndia's August Gold Imports Slump To Three-Year Low As Prices Hit Record: Govt Source
Lower imports by the world's second biggest consumer could cap gains in global prices that are trading near six-year highs, but would help the south Asian country bring down its trade deficit and support the rupee.
Read MoreIndia's June Gold Imports Rise 12.6% Year-On-Year Amid Global Price Rally
In India, local prices jumped to a record high in June, moderating demand from retail consumers.
Read MoreAll That Glitters This Diwali
Gold imports have risen on the eve of the festive season every year since 2016, as jewellers built inventory for the peak season of sales. The 39 per cent jump in imports in 2018 heralds a boom in the jewellery trade, predict experts
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