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Goods trade deficit surges to record $41.7 bn on precious metal imports
The New Indian Express
|November 18, 2025
INDIA'S merchandise trade deficit widened to a record high of $41.68 billion in October on the back of surge in imports of precious metals like gold and silver and fall in petroleum exports, the data released by the commerce ministry revealed on Monday.
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Overall trade deficit widened to a $21.80 billion in October.The sudden surge in the imports of the precious metals has been primarily attributed to pent-up demand, festive buying and industrial requirements. Gold imports went up by nearly 200% to $14.72 billion in October 2025 from $4.92 billion in October 2024. Silver imports during April-October 2025 also registered a growth of 138%, with a total import value coming at $5.9 billion over the sa
Cette histoire est tirée de l'édition November 18, 2025 de The New Indian Express.
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