During the first quarter of the current fiscal year, the Ministry of Mines reported foreign exchange earnings of USD 63.6 million from gold production.
Hong Kong increased its gold imports from Russia by more than five times year-on-year to $746 million in July, and by 1.5 times month-on-month, according to data from Hong Kong’s Census and Statistics Department analyzed by Sputnik.
The gold jewellery exports in India have grown from $7.6 billion in 2015 to $12.4 billion in 2019.Bridal jewellery dominates the gold jewellery landscape, enjoying 50-55% of the market share in India