India cuts Nov. gold imports by record $5 billion
· 2h · on MSN
After miscalculation, India cuts April-November gold import estimate by $11.7 billion
India Fixing Record Trade Deficit After Overstating Gold Imports
India’s government is still finalizing revisions to gold import figures and trade data after discovering discrepancies in their calculation last month, according to people familiar with the matter.
India revises November gold import data, uncovering $5 billion error
India's gold import figures for November have been revised sharply downward to $9.8 billion, significantly lower than the previously announced $14.8 billion, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS) released on Wednesday.
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