India's gold imports to plunge in December after record November

  • Posted on December 17, 2024
  • By Business News Today
  • 2 Views
India's gold imports to plunge in December after record November

India's gold imports are expected to fall sharply in December after record highs in November. Rebounding prices and the absence of major festivals have prompted buyers to postpone purchases. This slowdown could stabilize global gold prices, narrow India's trade deficit, and support the rupee.
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