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 imports fall to $1.8 billion in September
Gold imports fell 10.3 percent to USD 1.80 billion in September due to sliding prices of the metal in both global and domestic markets.
Oct 14, 2016, 21:42 PM IST
