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Indian gold imports hit three-year low as prices jump
India's gold imports in September plunged 68pc from a year earlier to the lowest level in more than three years as
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- India's gold imports in September plunged 68pc from a year earlier to the lowest level in more than three years as record domestic gold prices curbed retail buying.
- India imported 26 tonnes of gold in September, down from 81.71 tonnes a year ago
MUMBAI: India's gold imports in September plunged 68pc from a year earlier to the lowest level in more than three years as record domestic gold prices curbed retail buying, a government source said on Friday.
India imported 26 tonnes of gold in September, down from 81.71 tonnes a year ago, said the source said, who is not authorised to speak to the media.
In value terms, the September imports fell 51pc to $1.28 billion, he added.
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