Gold Imports Archives

PM Modi’s Swadeshi Appeal: Can Skipping Overseas Weddings & Extra Gold Really Help India Stay Resilient Amid Global Chaos?

DainikNews Live Admin2 months ago09 mins

News explainers Can Skipping Overseas Weddings & Extra Gold Really Help India Stay Resilient Amid Global Chaos? Last Updated:September 01, 2026, 05:07 PM IST PM Modi’s Swadeshi Appeal: By picking domestic travel & delaying gold hoarding, citizens can prevent trade deficit, protect Rupee & anchor country’s financial independence The immediate manifestation of “dimagi Naxalism” was…

Gold Falls Rs 1,400 After Trump’s No-Tariff Announcement. Right Time To Buy?

DainikNews Live Admin1 year ago06 mins

Last Updated:August 12, 2025, 14:11 is Gold markets fell sharply after Trump announced no tariffs on gold imports, causing a significant price drop on India’s Multi Commodity Exchange and US gold futures US gold futures dropped 2.4 to 2.5 percent after the announcement. (Representative Image) Global gold markets witnessed a sharp correction after US President…

India’s Gold Imports Turn Out To Be Billion Lower In Nov, Trade Deficit Narrows

India’s Gold Imports Turn Out To Be $5 Billion Lower In Nov, Trade Deficit Narrows

DainikNews Live Admin2 years ago03 mins

New Delhi: The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by the Commerce Ministry’s Directorate General of Commercial Intelligence and Statistics showed on Wednesday. The $5 billion downward revision in gold imports would lead to…

Indias CAD Likely To Exceed 2 Per Cent Of GDP In Q3 FY25 Amid Gold Import Surge: Report

DainikNews Live Admin2 years ago04 mins

New Delhi: India’s Current Account Deficit (CAD) is expected to rise above 2 per cent of GDP in the third quarter of FY25, driven by a surge in gold imports, according to a report by Bank of Baroda. However, resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD…

Gold Imports Doubled To Record High Of USD 10.06 Bn In August

DainikNews Live Admin2 years ago05 mins

New Delhi: Gold imports more than doubled in August to a record high of USD 10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at USD 4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal…