India Gold imports fall 68% in September

October 10, 2019

Mumbai (Oct 10)  India's gold imports in September plunged 68% from a year earlier to the lowest level in more than three years as record domestic gold prices curbed retail buying, a government source told Reuters.

India imported 26 tonnes of gold in September, down from 81.71 tonnes a year ago, the sources said.

In value terms, the September gold imports fell 51% to $1.28 billion, he added.

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