Weak demand: Imports fell 46% from a year earlier in October. — Reuters
New Delhi: Gold imports by India fell for a fourth month in October even as the biggest buying day failed to lift sluggish demand in the world’s second-largest market.
Imports fell 46% from a year earlier to 20.8 tonnes in October, according to a source. Still, that’s higher than September’s 13.5 tonnes, the lowest monthly inflow in at least three years, data compiled by Bloomberg shows.
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