GOLD LOSES SPARKLE: CUSTOM DUTY HIKED TO 15%..IMPACT WILL PLAY OUT...MEANWHILE OIL CONSUMPTION SIGNIFICANTLY DECLINED IN APRIL

SBI Research
The import of gold in recent trends has diverged in volume and value terms. The trends in value show a sharp rise from $57.9 billion in FY25 to $72.4 billion in FY26. In volume terms, the gold imports have shown a decreasing trend since FY24, reducing by approximately 5% in FY25 and FY26.

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