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Gold imports rise 22.43% at 955.16 tonnes in FY18: Govt informs Parliament

The demand of gold in the country in 2017-18 has increased during first and second quarters and declined in third and fourth quarters as compared to corresponding period in 2016-17

Gold

Press Trust of India New Delhi
Gold import in volume terms increased by 22.43 per cent to 955.16 tonnes in 2017-18, Parliament was informed on Monday.
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 of gold in the country in 2017-18 has increased during first and second quarters and declined in 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 per cent as compared with imports in 2016-17," he added.

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First Published: Jul 30 2018 | 4:51 PM IST

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