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gold imports News

India's Trade Deficit Narrows to $20 Billion in June as Oil and Gold Imports Decline

Ryan Peterson 13 Jul, 2025

India's merchandise trade deficit narrowed to $20.7 billion in June 2025, aided by lower oil and gold imports. Strategic sourcing shifts and global oil price drops contributed to t...

Business

India's Trade Deficit Reaches Historic High of $37.9 Billion in November

James Carter 17 Dec, 2024

India's trade deficit reached a record $37.9 billion in November, driven by soaring gold imports and a decline in exports. Gold imports quadrupled to $14.9 billion, while exports f...