India imported 101 tonnes of gold in Might perhaps perhaps perchance likely also just, when put next with 13 tonnes a year earlier
Subject issues
Gold | India’s gold imports
Reuters
Remaining Up as a lot as now at June 8, 2022 01: 49 IST
Photo: Unsplash/Jingming Pan
India’s gold imports in Might perhaps perhaps perchance likely also just jumped 677 per cent from a year ago to the very best level in a year as correction in prices correct sooner than a key festival and wedding season boosted retail jewellery purchases, a authorities source said.
Higher imports by the field’s second-greatest bullion individual would perhaps abet benchmark prices, nevertheless the surge would perhaps elevate India’s trade deficit and build rigidity on rupee.
India imported 101 tonnes of gold in Might perhaps perhaps perchance likely also just, when put next with 13 tonnes a year earlier.
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First Printed: Wed, June 08 2022. 01: 49 IST