Global Economy

India slashes November gold imports by $5 billion in record commodity revision



India has slashed its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, the government data showed on Wednesday.

The country’s gold imports in November were $9.84 billion, significantly lower than a preliminary estimate of $14.8 billion published last month, according to data compiled by the Directorate General of Commercial Intelligence and Statistics (DGCIS).



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.