In the year 2023-24, India's total gold imports rose 30 per cent to $45.54 billion. Switzerland is the largest exporter of gold, with close to 40 per cent share, followed by the United Arab ...
India's exports surge in October, driven by strong demand from developed markets, with a focus on key sectors yielding ...
India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. In volume terms, the country imports 800-900 tonne of gold annually. The price of gold depends ...
World Gold Council report says Indian bought gold worth Rs 1.65 lakh crore in Jul-Sep, undeterred by 28 per cent jump in ...
India's gold demand witnessed an 18 per cent on-year growth during the July-September quarter of this year to 248.3 tonnes, as the reduction in gold import duty resulted in a revival in jewellery ...
With rising geopolitical tensions, inflationary pressures, and central bank buying, the outlook for gold remains positive. Although rising bond yields and a strong dollar typically dampen demand ...
In India, the retail price of gold, the final cost consumers pay, is influenced by more than just its market value. Various ...
Gold shipments to India slump by almost 90 percent “According ... The Indian central bank, for its part, had reported a decline in Gold imports in September by more than half to 53 tons.” ...
Deliveries to India fell after massive supplies in August-July when the country reduced the state gold import tax to the lowest in 11 years, temporarily boosting demand. Advisory Alert ...
One of the intentions behind the reduction in the import duty was to curtail gold smuggling. The WGC report said “flows of smuggled gold into India all but disappeared thanks to the duty cut and ...
Currently, the import duty on gold in India stands at ten per cent. The central government keeps on changing the import duty depending on the need to curb imports. India imports silver from China ...
India's gold imports rose 21.78 per cent to $27 billion during the first two quarters of the financial year 2024-25 due to strong demand from the domestic market, news agency PTI reported ...