October gold imports surge makes up for H1 deficit
Indian consumers, initially hesitant due to rising prices, significantly boosted gold imports in October following a GST rate reduction, recovering from a first-half deficit. Silver ...
Gold surge: Imports hit record $14.72 bn in Oct; festive demand drives spike as trade deficit widens
India’s gold imports surged nearly threefold to a record $14.72 billion in October, driven by robust festive and wedding season demand. This significant increase pushed ...
Nat’l gold policy needed to contain losses: SBI Report
Can a National Gold Policy Sparkle for India’s Economy? Gold. The word itself conjures images of wealth, security, and timeless value. For India, that glint ...
SBI expands bullion footprint: Bank joins India International Bullion Exchange as special category client; aims to boost transparency & efficiency
State Bank of India has made its first gold trade on the India International Bullion Exchange. This move marks a significant step in improving India’s ...
China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves
China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...
Merchandise trade deficit may narrow to $26.1bn in Aug on festive gold demand
India’s merchandise trade deficit saw a slight decrease in August 2025, according to a Union Bank of India report, primarily driven by increased gold imports ...
