BusinessGold imports zero as a consequence of rising costs

Gold imports zero as a consequence of rising costs

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On account of rising costs within the nation, gold imports have diminished to zero.

In line with the doc, not one of the nation’s importers imported gold in March, recording a 100 p.c drop in gold imports on a month-to-month foundation.

In line with the doc, 32 kg of gold was imported in February 2024 with a complete worth of 21 lakh 96 thousand {dollars}.

Within the 9 months of this monetary yr, gold imports decreased by 27.78%, from July to March, 262 kilos of gold had been imported throughout the nation.

In line with the doc, 384 kg of gold was imported within the first 9 months of the final monetary yr.

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