New Delhi: After rising for two months, gold imports reduced to almost half in September to $2 billion, trade data released by the Commerce Ministry showed on Thursday.
The imports shrunk 45.62 per cent in September to $2.057 billion as against $3.783 billion in the similar month last year.
The import of another precious metal silver too declined by 9.23 per cent to about $433.5 million.
There was also a decline of nearly 28 per cent in imports of pearls, precious and semi-precious stones.
Export of gems and jewellery contracted by 18.81 per cent to $3.64 billion in September as against $4.48 billion in the similar period last year, the data showed.
The imports shrunk 45.62 per cent in September to $2.057 billion as against $3.783 billion in the similar month last year.
The import of another precious metal silver too declined by 9.23 per cent to about $433.5 million.
There was also a decline of nearly 28 per cent in imports of pearls, precious and semi-precious stones.
Export of gems and jewellery contracted by 18.81 per cent to $3.64 billion in September as against $4.48 billion in the similar period last year, the data showed.
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