Gold imports push India’s trade deficit to record levels
- 16-Dec-2024
NEW DELHI: India’s merchandise trade deficit in November widened to a record level, led by a surge in gold imports while exports fell driven by a drop in crude oil prices, trade ministry officials said on Monday. India’s merchandise trade deficit in November stood at $37.84 billion, according to a Reuters calculation based on export […]
Pakistan’s gold imports drop by 41.64%
- 22-Sep-2024
ISLAMABAD: Rising prices in global market has lead to significant decline in gold imports in Pakistan, ARY News reported on Sunday, citing official document. Gold imports have recorded an annual decline of 41.64%, according to official documents. In August, Pakistani importers brought in only 22 kilograms of gold. The import bill for the 22 kilograms […]
Gold imports surge by 160 percent in three quarters
- 21-Apr-2022
The gold imports were recorded at $15.474 million during July-March 2021-2022
Pakistan Gold imports elevated by 24.28% in FY18
- 24-Jul-2018
ISLAMABAD: Pakistan’s gold imports amplified by almost 24.28% in the FY18, compared to the same period in last year. The statistics revealed by Pakistan Bureau of Statistics (PBS) clearly stated that Pakistan imported gold of value $20.713 million during July-June (2017-18) against the import f worth $16.667 million in July-June (2016-17), which explains increase of import […]
India targets temple gold hoard to rescue monetisation plan
- 05-Dec-2015
MUMBAI/NEW DELHI: India is trying to persuade rich temples to deposit some of their gold hoards with banks to revive a plan to recycle tonnes of the precious metal and cut gold imports, sources said.