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Why Did India’s Gold Imports Surge In March?
Preliminary trade data suggests that gold imports surged to over $10 billion in March.
03 Apr 2021, 08:59 AM IST
Preliminary trade data for the month of March, released by the government on April 1, suggests that gold imports surged to over $10 billion, a huge jump compared to a month and a year ago.The preliminary data put out in a press release showed:Total imports at $40.12 billion.Non-oil imports at $37.95 billion.Non-oil, non-gold (gold, silver and precious metals) imports at $27.01 billion.This suggests that gold, silver and precious meta...
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