India to increase precious metal imports from US
after close1 source ↓written by the desknot a recommendation
- in favor
- $1.3 billion
India is set to diversify its import basket by sourcing more precious metals, particularly gold and silver, from the US. This move aims to reduce prices and improve the trade surplus with the US, which currently stands at $1.3 billion in favor of India for agricultural exports. The US remains a key global hub for these metals, exporting billions annually.
Not investment advice. For informational purposes only.