India Gold imports shoot up to 955.16 tons during FY 2018

New Delhi-India (July 30)  As per the information passed to the parliament, Gold import in volume terms has increased by 22.43 per cent to 955.16 tons during the fiscal year 2017-18.

 In 2016-17, the imports stood at 780.14 tons, according to the data shared by Minister of State for Commerce and Industry.

 The demand of gold in the country in 2017-18 has increased during first and second quarters and declined in third and fourth quarters as compared to corresponding period in 2016-17.

 The overall import of gold in 2017-18 has increased by 22.43 per cent as compared with imports in 2016-17.

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