Gold price today, July 2: Gold rates go up by Rs 930, Check gold rate in Delhi, Patna, Lucknow, Kolkata, Kanpur, Kerala and other cities
The gold prices in the national capital is Rs 52,200 for 24 carat (10 grams) and Rs 47,850 for 22 carat (10 grams).
Jul 02, 2022, 08:31 AM IST
Gold imports surge to USD 45 billion in April-Feb this fiscal
The gems and jewellery exports during the first nine months of the current fiscal grew by 57.5 per cent to USD 35.25 billion.
Mar 13, 2022, 19:31 PM IST
Gold imports jump multi-fold to $6.91 bn in April-May on low base effect
The significant jump in the gold imports has lead to widening of the country's trade deficit, difference between imports and exports, to USD 21.38 billion during April-May this fiscal as against USD 9.91 billion in the year-ago period.
Jun 27, 2021, 13:47 PM IST
Gold imports rise by 22.58% to $34.6 bn in 2020-21
Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million. Imports of the yellow metal stood at USD 28.23 billion (about Rs 2 lakh crore) in 2019-20, the data showed. 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.
Apr 18, 2021, 12:03 PM IST
Gold Price Today 21 March, 2021: Gold imports slip 3.3% to USD 26.11 bn in Apr-Feb
The decline in gold imports has helped in narrowing the country's trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against USD 151.37 billion a year ago. The imports of gold jumped to USD 5.3 billion in February as compared to USD 2.36 billion in the same month last year, the data showed.
Mar 21, 2021, 15:01 PM IST
India's March gold imports plunge to a new low on record price: Sources
The world's second-biggest consumer of the precious metal imported 25 tonnes of gold in March, down from 93.24 tonnes a year ago, the source said, who is not authorised to speak to the media.
Apr 06, 2020, 08:30 AM IST
CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA
The CAD is the difference between the inflow and outflow of foreign currency.
Dec 04, 2018, 12:57 PM IST
Gold imports up 4% to $17.63 billion in Apr-Sep 2018-19
Imports of the precious metal stood at USD 16.96 billion in April-September 2017-18 financial year, according to the commerce ministry data.
Oct 19, 2018, 13:46 PM IST
World Gold Council warns India against curbs on gold imports
MD of the Indian operation of the industry body, said gold not at the centre of the current account deficit issue.
Sep 19, 2018, 11:32 AM IST
Govt may take policy steps to curb gold imports; unlikely to raise duties
The effort is a part of the exercise by the government to check fall in rupee value and control current account deficit (CAD).
Sep 18, 2018, 10:55 AM IST
India's gold imports shrink 40 percent to USD 2.49 billion in March
India's gold imports fell 40.31 per cent to USD 2.49 billion in March, which is expected to keep a lid on the current account deficit (CAD).
Apr 13, 2018, 20:53 PM IST
Exports stage smart recovery, up 31% in November
Trade deficit widened to USD 13.82 billion in the month under review from USD 13.39 billion in November 2016.
Dec 15, 2017, 18:47 PM IST
India's gold imports may fall 25% in December quarter
In the first nine months of 2017, the country`s gold imports surged 131 percent to 638.4 tonnes, according to GFMS data, as jewellers advanced buying in the first half of the year ahead of a sales tax hike that took effect from July 1.
Nov 08, 2017, 14:24 PM IST
Exports jump 25.67% in Sept; trade deficit narrows to 7-month low
Trade deficit narrowed to 7-month low of USD 8.98 billion in the month under review from USD 9.07 billion in September 2016.
Oct 13, 2017, 18:45 PM IST
India's trade deficit shrinks to $11.45 billion in July
India`s trade deficit narrowed to $11.45 billion in July from a month ago, following a slowdown in merchandise imports, government data showed on Monday.
Aug 14, 2017, 19:09 PM IST
Surge in gold imports from South Korea sets off alarm bells
Gold imports from South Korea, with which India has a free trade agreement since January 2010, has jumped to USD 338.6 million during July 1 and August 3 this year.
Aug 09, 2017, 18:16 PM IST
India's exports up for 6th straight month, post double digit growth in February
India's exports exhibited a double digit growth of 17.48 percent, valued at USD 24.5 billion in February compared to USD 20.84 billion during the same month last year on increase in shipments of non-petroleum, non gems and jewellery products.
Mar 15, 2017, 19:14 PM IST
Gold imports fall sharply post-demonetisation
The Centre's demonetisation drive is seemed to have a significant impact on the gold demand in the country as imports of the metal dropped sharply in December and January.
Mar 12, 2017, 13:26 PM IST
Govt mobilises 6.4 tonnes gold under monetisation scheme
The government has collected 6.4 tonnes of gold under the scheme for monetising the metal, Parliament was informed on Friday.
Mar 10, 2017, 19:32 PM IST
Icra sees CAD rising to 1.2% next fiscal on rising crude, gold
Ratings agency Icra on Thursday said higher oil and gold imports will end the four-year trend of moderation in the current account deficit (CAD) in 2017-18, and the gap will widen to USD 30 billion or 1.2 percent of the GDP.
Mar 09, 2017, 18:34 PM IST
