As per report it was stated that India's gold imports plunged more than 73 per cent year-on-year in march to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of coronavirus squeezed retail demand, a government source said on Monday.As per report it was stated that India's gold imports plunged more than 73 per cent year-on-year in march to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of coronavirus squeezed retail demand, a government source said on Monday.

 

The world’s second-biggest consumer of the precious metal imported 25 tonnes of gold in march, down from 93.24 tonnes a year ago, the source said, who is not authorised to speak to the media.As per report it was stated that India's gold imports plunged more than 73 per cent year-on-year in march to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of coronavirus squeezed retail demand, a government source said on Monday.

 

The world’s second-biggest consumer of the precious metal imported 25 tonnes of gold in march, down from 93.24 tonnes a year ago, the source said, who is not authorised to speak to the media. In nalue terms, march imports dropped nearly 63% to $1.22billion, he added. In value terms, march imports dropped nearly 63% to $1.22billion, he added. The world’s second-biggest consumer of the precious metal imported 25 tonnes of gold in march, down from 93.24 tonnes a year ago, the source said, who is not authorised to speak to the media. In value terms, march imports dropped nearly 63% to $1.22billion, he added. 

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