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Business - Economy - January 9, 2025

India revises gold and silver import figures: Trade deficit narrowed

India revises gold and silver import figures: Trade deficit narrowed

Gold and silver import figures for April-November FY25 were revised significantly, with gold imports adjusted downward by $5 billion to $9.84 billion for November. This reduced the trade deficit and eased pressure on the rupee. The corrected gold import total for the period is $37.38 billion, down from the earlier $49.08 billion estimate.

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