Gold imports rise nearly 29% to $69 billion in April-February FY26

The country's gold imports rose 28.73 per cent to USD 69 billion during April-February 2025-26 on account of high prices of the precious metal, according to the Commerce Ministry data. Gold imports stood at USD 53.52 billion in April-February 2024-25. The rise in gold imports pushed the country's trade deficit (difference between imports and exports) to USD 310.60 billion during the 11-months of the last fiscal as compared to USD 261.80 billion during April-February 2024-25, the data showed. Prices of the yellow metal are hovering at around Rs 1,51,500 per 10 grams (inclusive of all taxes) in the national capital. Switzerland is the largest source of gold imports, with about 40 per cent share, followed by the UAE (over 16 per cent) and South Africa (about 10 per cent). The precious metal accounts for over 5 per cent of the country's total imports. The country's total imports from Switzerland were up 11.57 per cent to USD 23.5 billion during April-February 2025-26. In February, go

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