Gold imports rise 26.7 pc to USD 35.95 bn in Apr-Dec FY24
Admin
Feb 2, 2024 11:18
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India's gold imports, which have a bearing on the country's current account deficit (CAD), increased 26.7 per cent to USD 35.95 billion during the April-December of this fiscal due to healthy demand, according to government data.
The imports stood at USD 28.4 billion during the same period a year ago.
In December 2023, imports of the precious metal jumped by 156.5 per cent to USD 3 billion, as per the data released by the commerce ministry.
