Gold imports plunge to USD 79.14 mn during Apr-May 2020
Gold imports, which have a bearing on the current account deficit (CAD), plunged significantly to USD 79.14 million during the first two months of 2020-21 due to a significant fall in demand in the wake of the COVID-19 pandemic, according data from the commerce ministry
Imports of the yellow metal stood at USD 8.75 billion in the corresponding period of 2019-20. Source: Reuters