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The Economic Times
The Economic Times

Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc

New Delhi: India's gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though imports may decline in the coming months following the government's sharp increase in customs duty on the yellow metal.

According to the commerce ministry data, silver imports jumped 157.16 per cent to USD 411 million during the month under review.

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