India's June Gold Imports Plunge 86% On Record High Prices, Travel Ban: Report

India's gold imports plunged 86 per cent on a year-on-year basis in June due to record high prices and as international air travel was banned and many jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, news agency Reuters reported, quoting a government source. The world's second-biggest consumer of the precious metal imported around 11 tonnes of gold in June, down from 77.73 tonnes a year ago, t...