Gold imports dip 4.23% to $12.64 bn in Apr-Jul over global uncertainities

Q: How long will it take to read this news story?

The story "Gold imports dip 4.23% to $12.64 bn in Apr-Jul over global uncertainities" has 705 words across 29 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Gold imports dip 4.23% to $12.64 bn in Apr-Jul over global uncertainities" was covered 7 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 244 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22085175</li><li>URL: https://beamstart.com/news/gold-imports-dip-423-to-17237130547606</li></ul>

Business Standard Logo Business Standard 7h ago

Gold imports dip 4.23% to $12.64 bn in Apr-Jul over global uncertainities - Business Standard

Quick Summary:

India's gold imports, which have a bearing on the country's current account deficit (CAD), dipped by 4.23 per cent to USD 12.64 billion during April-July 2024-25 due to global economic uncertainties, according to government data.

In July alone, the imports declined by 10.65 per cent to USD 3.13 billion as against USD 3.5 billion in the same month last year.

According to a jeweller, the high prices are discouraging the imports but it will go up from September as festive season will start in India and the import duty cut benefit is also there.