Commodities & currencyBusinessLine
India gold imports plunge 62.57% to $5.51bn in Oct
Neutral02 sources
GreyOak summary
India's gold imports fell 62.57% to $5.51 billion in October 2026, driven by global prices dropping below $4,000 per ounce to $3,913. The World Gold Council suggests prices may be nearing a temporary bottom despite elevated speculative positioning.
What it affects
- GoldNeutral 0
Prices fell below $4,000/oz to $3,913.Rolling sentiment Neutral +9
- Trade and current accountNegative -29
Imports plunged 62.57% to $5.51 billion.Rolling sentiment Positive +29
