October gold imports surge makes up for H1 deficit
October gold imports surge makes up for H1 deficit
Indian consumers, initially hesitant due to rising prices, significantly boosted gold imports in October following a GST rate reduction, recovering from a first-half deficit. Silver imports also surged, driven by increased industrial demand and higher international prices, with both metals seeing a notable spike attributed to festival and wedding season purchases.
Indian consumers, initially hesitant due to rising prices, significantly boosted gold imports in October following a GST rate reduction, recovering from a first-half deficit. Silver imports also surged, driven by increased industrial demand and higher international prices, with both metals seeing a notable spike attributed to festival and wedding season purchases.
Indian consumers, initially hesitant due to rising prices, significantly boosted gold imports in October following a GST rate reduction, recovering from a first-half deficit. Silver imports also surged, driven by increased industrial demand and higher international prices, with both metals seeing a notable spike attributed to festival and wedding season purchases. 
