India imported $2.338 billion worth of gold in February 2025, according to the country's Ministry of Commerce and Industry.
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This is 62% less than in February 2024 and 13% less than in January 2025.
In just 2 months of the year, gold imports to India amounted to $5.025 billion, which is 38% less than the result of the corresponding period last year.
In 2024, India imported 812 tonnes of gold worth $58.096 billion, according to the ministry.
India is one of the world's largest consumers of gold, producing virtually no gold itself.
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