India’s Gold Imports Surge to $69B, Trade Deficit Widens 🪙📊

India’s demand for gold jumped sharply, pushing imports higher and increasing pressure on the country’s trade balance.

Key Facts: • Gold imports rose to $69 billion (Apr–Feb FY26)

• Increase of nearly 29% year-over-year

• Higher bullion demand widened the trade deficit

Expert Insight:

Strong physical demand from India can support global gold prices despite short-term volatility.

#Gold #India #GoldDemand #Commodities #MarketNews $XAU $XAUT $PAXG

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