Gold imports dip 6.77 per cent during April-December 2019

Imports of the yellow metal stood at USD 24.73 billion in the corresponding period of 2018-19. The decline in gold imports has helped in narrowing the country's trade deficit to USD 118 billion during the period, against USD 148.23 billion a year ago. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.

First published here: Gold imports dip 6.77 per cent during April-December 2019