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(06/04/2026 10:08)

Gold imports surge nearly 29% in FY26, widen trade deficit

India’s gold imports rose 28.73% year-on-year to USD 69 billion during April–February FY26, driven by elevated prices of the precious metal, as per Commerce Ministry data.

In comparison, gold imports stood at USD 53.52 billion in the same period last fiscal.

The sharp increase in imports contributed to a widening of the country’s trade deficit, which expanded to USD 310.60 billion during the 11-month period, up from USD 261.80 billion in the corresponding period of FY25.
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