India Gold imports shoot up to 955.16 tons during FY 2018

(August 1, 2018 - by Scrap Register)

NEW DELHI (Scrap Register): As per the information passed to the parliament, Gold import in volume terms has increased by 22.43 per cent to 955.16 tons during the fiscal year 2017-18.

In 2016-17, the imports stood at 780.14 tons, according to the data shared by Minister of State for Commerce and Industry.

The demand of gold in the country in 2017-18 has increased during first and second quarters and declined in third and fourth quarters as compared to corresponding period in 2016-17.

The overall import of gold in 2017-18 has increased by 22.43 per cent as compared with imports in 2016-17.