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Gold imports increases by 22.43 percent in 2017-18

Gold import in volume terms increased by 22.43 per cent to 955.16 tonnes in 2017-18, Parliament was informed today.


PTI Last Updated at 30 Jul 2018, 15:07 IST India
Gold imports increases by 22.43 percent in 2017-18
  • Gold import in volume terms increased by 22.43 percent to 955.16 tonnes in 2017-18, Parliament was informed today. (Image Credit: Wikimedia Commons)

Gold import in volume terms increased by 22.43 percent to 955.16 tonnes in 2017-18, Parliament was informed today.

In 2016-17, the imports stood at 780.14 tonnes, according to the data shared by Minister of State for Commerce and Industry C R Chaudhary to the Lok Sabha in a written reply.

The demand for gold in the country in 2017-18 has increased during first and second quarters and declined in the third and fourth quarters as compared to

corresponding period in 2016-17, he said.

"The overall import of gold in 2017-18 has increased by 22.43 percent as compared with imports in 2016-17," he added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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