India gold imports hit all time high pushing trade deficit and foreign exchange strain

Published on 12 May 2026

A single commodity is quietly worsening FX pressure

India’s gold imports have surged to an all time high of $71.98 billion in 2025-26, fueled by rising global prices and new trade agreements. The spike is increasing the trade deficit and putting pressure on foreign exchange reserves. With concerns mounting, the government is reviewing trade policies to curb imports and protect economic stability.

Gold imports reached $71.98 billion in 2025-26
Higher prices and trade agreements are driving demand
Imports are pressuring India’s trade deficit and FX reserves
Government is reviewing policies to curb gold inflows

#india economy #trade deficit #foreign exchange #gold #imports

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India gold imports hit all time high pushing trade deficit and foreign exchange strain

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