Gold imports decline 39 per cent to $1.47 billion in May

NEW DELHI: Runescape Gold imports contracted for the fourth consecutive month in May by 39.14
per cent at $1.47 billion, which is expected to keep a lid on the country’s current
account deficit.

The sliding prices of the precious metal in both global and domestic markets are
seen as a contributory factor for the plunge.

Gold imports stood at $2.42 billion in May 2015.

The contraction in the imports helped narrow trade deficit to $6.27 billion last
month. The deficit was at $10.4 billion in the year-ago period.Hope you can see our