Indian Gold Imports Swell To Nearly 1.5 Million Ounces in August

India imported 45.871 (1,474,786 ounces) of gold in August.

Indian gold imports in August were up 76% from 26 tons imported in August 2016.

August import gold imports were down 24% from July’s imports of 60.542 tons.

Preliminary September Indian gold imports were 48 tons, up 13% from September 2016 imports of 42.4 tons.

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August Indian Gold Imports

August Indian gold imports were 46 tons down 24% from July imports of 61 tons, and up 76% from 26 tons imported in August 2016.

Indian Gold Imports August 2016 – August 2017

Indian Gold Monthy Imports 2016 - 2017 august

Indian Gold Imports July 2014 – August 2017

Indian Gold Imports July 2014 - August 2017

Indian gold imports were 582 tons (approximately 18,711,734 ounces) in 2016 down 38.7% from 949 tons (approx. 30,511,058 ounces) in 2015.

Indian Annual Gold Imports 1999 – 2017

Indian Annual gold imports 1999-2017 August

India’s Problem With Gold

Indian gold imports as a percentage of imports August 2017

India’s trade deficit narrows to seven month low in September

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India’s Gold Reserves

The Indian gold import charts are derived from data pulled from the Indian Ministry of Commerce and Industry, Govt. of India by Nick Laird of Sharelynx and are updated monthly and archived on Smaulgld.com. Visit Nick’s gold and silver chart festival at goldchartsrus

Click to see an overview of India and Silver and a 2016 Indian silver imports .

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