India slashes Nov gold imports by $5 bln in record commodity revision

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MUMBAI, Jan 8 (Reuters) - India has slashed its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, the government data showed on Wednesday. The country's gold imports in November were $9.84 billion, significantly lower than a preliminary estimate of $14.8 billion published last month, according to data compiled by the Directorate General of Commercial Intelligence and Statistics (DGCIS). (Reporting by Rajendra Jadhav; Editing by Tom Hogue) (([email protected]; Reuters Messaging: x.com/Rajendra1857))
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Published Date
8 Jan 2025 at 3:08 PM
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Refinitiv
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