India's gold imports, dipped 4.23 per cent during April-July 2024-25

India's gold imports, which have a bearing on the country's current account deficit (CAD), dipped by 4.23 per cent to USD 12.64 billion during April-July 2024-25 due to global economic uncertainties, according to government data.

In July alone, the imports declined by 10.65 per cent to USD 3.13 billion as against USD 3.5 billion in the same month last year. The inbound shipments were also in negative during June (-38.66 per cent) and May (-9.76 per cent).In April, the imports jumped to USD 3.11 billion from one billion in April 2023. The precious metal accounts for over 5 per cent of the country's total imports.

For more Updates Do follow us on Social Media

Facebook Page https://bit.ly/3blw5Rg

Instagram https://bit.ly/3MsRHbP

YouTube https://bit.ly/3LjGj2L

Twitter https://bit.ly/3E9IO5U

Linkedin https://bit.ly/3M17Xlk

WhatsApp Group https://bit.ly/JewelBuzz13