Gold imports, which have a bearing on the current account deficit, fell 6.77 percent to $23 billion during the current financial year 2019, According data from the commerce ministry.
Jewellery Industry
India’s Gold Imports Down 25% In First Quarter
Gold Silver Reports (GSR) – Gold imports had amounted to $11.26 billion in the corresponding quarter of last financial year. The imports of the metal have been declining since January this year. Contraction in gold imports help contain the current account deficit.