What are the monthly Gold Imports for the year 2025 of India ?

 

India’s Monthly Gold Imports in 2025

January 2025

  • Data shows that gold imports in January 2025 rose 34.17% year-on-year, reaching ₹23,176 crore in value terms.

  • A Reddit summary also notes imports of approximately ₹22,140 crore (~$2.68 billion), up from ₹15,700 crore ($1.9 billion) in January 2024.

February 2025

  • Gold imports dropped significantly, with the import bill falling to $2.3 billion, marking a 14% m/m and 63% y/y decline.

  • Cumulative February data indicated further decline in imports, contributing to India’s trade deficit narrowing sharply.

March 2025

  • Imports soared by 192.13% to $4.47 billion, reflecting heightened demand amid rising prices.

  • In rupee terms, the March import value was ₹38,784 crore, representing a 205% year-on-year jump.

April 2025

  • In value terms, imports stood at ₹26,499 crore, up 7.6% year-on-year.

  • However, on a month-over-month basis, import value dropped by 31.7%.

May 2025

  • Gold imports slipped to ₹21,721 crore, down 10.72% compared to May 2024.

June 2025

  • Imports contracted significantly, falling 40% y/y to 21 tonnes (lowest since April 2023).

  • In value terms, June imports dropped from $2.48 billion to $1.84 billion.

  • Commodity Insights reported the value as ₹15,798 crore, down 23.6% y/y and 27% m/m.

July 2025

  • Imports rebounded, estimated at approximately $4 billion, well above the average of the first half of 2025.

  • Commodity Insights shows value imports at ₹34,221 crore, up 17.26% y/y and a strong 116% m/m increase.


Summary Table (India Gold Imports 2025)

Month      Value (₹ crore) / (USD)Change (YoY / MoM)
January      ₹23,176 cr (~$2.68 bn)                +34% YoY
February          – (≈ $2.3 bn)        – 14% m/m, – 63% YoY
March     ₹38,784 cr (~$4.47 bn)               +205% YoY
April             ₹26,499 cr        +7.6% YoY, –31.7% MoM
May             ₹21,721 cr               –10.7% YoY
June     ₹15,798 cr (~$1.84 bn)         –23.6% YoY, –40% physical
July      ₹34,221 cr (~$4 bn)     +17% YoY, strong MoM rebound

Note: August and later data for 2025 are not yet available as of September 2025.


Key Insights

  • Volatility in Demand: Gold imports fluctuated sharply, likely in response to price changes and festival-season expectations.

  • Mid-Year Dip: January–March showed strong volumes, but June brought a steep decline due to record-high domestic prices. July marked signs of recovery ahead of festive demand.

  • Price Sensitivity: The decline in June, despite India’s cultural affinity for gold, underscores the influence of pricing on consumer behavior.

Comments

Popular posts from this blog

Give comparison of all the charges of top 10 Payment Gateways in India

What are the detailed steps to start a Digital Gold Business?

How does economic data of USA affect the gold prices?