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Gold import widens trade gap to $28 bn last month
Financial Express Ahmedabad
|October 13, 2025
INDIA'S MERCHANDISE TRADE deficit likely widened to $28 billion in September from $26.5 billion in August, driven by a sharp jump in gold imports, Union Bank of India said in a report.
Gold shipments nearly doubled month-on-month despite record-high prices, spurred by festive and wedding season demand. The rally in imports came even as global commodity prices rose only modestly, with the CRY Index ticking up to 301.78 from 296.64.A delay in the
This story is from the October 13, 2025 edition of Financial Express Ahmedabad.
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