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5h agoIndia’s October gold imports rise 22% YoY to 67 tonnes as festive demand peaks
India’s gold imports rose 22% year-on-year to 67 tonnes in October 2025, up from 55 tonnes last year, driven by festive and wedding season demand. According to Commerce Ministry data, import value reached $4.3 billion, a 28% increase. Retail demand surged ahead of Dhanteras and Diwali, especially in southern and western regions.
Analysts said jewelry sales rose despite higher prices, aided by robust rural spending and favorable monsoon-driven income trends. Importers expect softer prices to sustain momentum into December.
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5h agoIndia’s October gold imports rise 22% YoY to 67 tonnes as festive demand peaks
India’s gold imports rose 22% year-on-year to 67 tonnes in October 2025, up from 55 tonnes last year, driven by festive and wedding season demand. According to Commerce Ministry data, import value reached $4.3 billion, a 28% increase. Retail demand surged ahead of Dhanteras and Diwali, especially in southern and western regions.
Analysts said jewelry sales rose despite higher prices, aided by robust rural spending and favorable monsoon-driven income trends. Importers expect softer prices to sustain momentum into December.
about 5 hours ago
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India’s October gold imports jumped 22% YoY to 67 tonnes, boosted by festive and rural demand despite elevated prices, signaling resilient consumer appetite.
India’s gold imports rose 22% year-on-year to 67 tonnes in October 2025, up from 55 tonnes last year, driven by festive and wedding season demand. According to Commerce Ministry data, import value reached $4.3 billion, a 28% increase. Retail demand surged ahead of Dhanteras and Diwali, especially in southern and western regions.
Analysts said jewelry sales rose despite higher prices, aided by robust rural spending and favorable monsoon-driven income trends. Importers expect softer prices to sustain momentum into December.
India’s gold imports rose 22% year-on-year to 67 tonnes in October 2025, up from 55 tonnes last year, driven by festive and wedding season demand. According to Commerce Ministry data, import value reached $4.3 billion, a 28% increase. Retail demand surged ahead of Dhanteras and Diwali, especially in southern and western regions.
Analysts said jewelry sales rose despite higher prices, aided by robust rural spending and favorable monsoon-driven income trends. Importers expect softer prices to sustain momentum into December.
Tags:
economy
gold
economy
gold
imports
festive demand
trade
Nov 8, 2025 • 06:10 IST