India's gold imports plunge 62.57 pc to USD 5.51 billion in October as prices fall below USD 4,000/oz
New Delhi, Nov. 13 -- India's gold imports declined by 39.9 per cent to USD 24.78 billion during April-October 2026, compared with USD 41.24 billion in the corresponding period of 2025, according to data released by the Department of Commerce on Friday.
The decline comes amid recent correction in global gold prices, with the precious metal trading below the USD 4,000-per-ounce mark.
On a monthly basis, gold imports fell 62.57 per cent to USD 5.51 billion in October 2026 from USD 14.72 billion in October 2025. Similarly, September imports declined sharply to USD 1.80 billion from USD 9.61 billion, while August imports dropped to USD 2.30 billion from USD 5.44 billion.
However, gold imports had recorded growth during the first four month...
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