The UAE is the second largest exporter of gold to India
gold imports
Latest in gold imports
Gold
India’s gold imports surge 26.7% to $35.95 billion in Apr-Dec
December 2023 alone, imports of the precious metal jumped by 156.5 percent to $3 billion
Gold
Big, fat Indian weddings to push up India’s gold imports from UAE, other sources
As many as 3.2 million weddings are estimated to take place in India between mid-November and mid-December, driving up demand for the yellow metal in a big way
Bullion Exchange
UAE gold exports to India could see a surge as new bullion exchange allows direct imports by jewellers
The move comes amid UAE issuing new due diligence regulations for responsible sourcing of gold in its bid to consolidate the country’s position as a major player in supply chains and global trade networks for the gold sector
commodity trading
India’s gold trade with UAE shines bright in October
UAE is the largest export market for gold jewellery from India, accounting for more than 75 percent of the country’s total exports, while the Gulf country is the second largest exporter of gold to India
gold imports
UAE to benefit as India’s gold imports in Q4 set for major surge
Gold imports by India saw a whopping 750 percent jump in September to $5.1 billion from a relatively meagre $601 million in September 2020
Bullion Exchange
India’s proposed import gold exchange regulation plan faces scepticism from traders, experts
The move on the international bullion exchange by the South Asian country will have a major bearing on the UAE, which is India’s major trade partner for the yellow metal – for both exports and imports
Chemmanur International
Why a projected jump in Indian gold imports is good news for the UAE
Domestic demand set to rise after India’s finance minister announces reduction in gold import duty to 7.5%
gold and jewellery trading
Video: Indians are not rushing to buy gold and here’s why
Kishore Narne from Motilal Oswal explains that people will take some time to accept the “all-time high” prices for the precious metal.