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Gold imports dip 24% to $35 billion in 2022-23

Gems and jewellery exports declined by 3 per cent to about USD 38 billion during 2022-23.

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Gold - Dip in India s gold imports due to high custom duty

The significant fall has not helped in narrowing the country’s trade deficit the difference between imports and export

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Gold imports dip 30 pc to USD 31 8 bn in Apr-Feb 2023 - Jammu Kashmir Latest News | Tourism

Gold imports dip 30 pc to USD 31 8 bn in Apr-Feb 2023 - Jammu Kashmir Latest News | Tourism
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India Gold Imports Dip 30 % To USD 31 8 Bn In Apr-Feb 2023

According to industry experts, high import duty on gold and global economic uncertainties are the reason for the dip in the imports of the precious metal.

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Gold imports dip 30% to $31 8 billion in April-February 2023

The merchandise trade deficit for April-February 2022-23 was estimated at $ 247.52 billion against $172.53 Billion in the year-ago period.

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