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Gold imports dropped upto 99% in April primarily due to COVID-19, when restrictions started to ease we saw some demand in the local market but it wasn't up to the market because gold price went to all time high in India. When the whole year is sort of dry then we can only hope the festivals and weddings will lift this, what do you think?

Bloomberg Article: "Gold Imports Rebound in India"
https://www.bloomberg.com/news/articl...

Reuters Article: "India's August gold imports doubles to hit 8-month peak - government source "
https://in.reuters.com/article/idINKB...

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Varun Kumar
Indian Bullionaire

Indian Gold Imports Rising - Will demand in 2020 rise as well? IndianBullionaire

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