Imports of the yellow metal stood at USD 24.73 billion in the corresponding period of 2018-19. The decline in gold imports has helped in narrowing the country's trade deficit to USD 118 billion during the period, against USD 148.23 billion a year ago. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.from Economy-News-Economic Times https://ift.tt/2TVPxJt
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