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India’s gold imports plunge 62.57% to $5.51 billion in October as prices fall below $4,000/oz

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India’s gold imports plunge 62.57% to $5.51 billion in October as prices fall below $4,000/oz
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

Department of Commerce data show a steep decline in overseas gold purchases, even as the World Gold Council sees potential recovery signals

Key Takeaways

  • India’s gold imports plunge 62.57% to $5.51 billion in October as prices fall below $4,000/oz.

Department of Commerce data show a steep decline in overseas gold purchases, even as the World Gold Council sees potential recovery signals

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Published originally on The Hindu Business Line

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