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Govt revises down Nov gold imports data by $5 billion

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The Commerce Ministry has revised downwards the gold import data by $5 billion to $9.84 billion for November, according to the Directorate General of Commercial Intelligence and Statistics (DGCIS).

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The country’s gold imports in November reached a record high of USD 14.86 billion, registering a four-fold increase.

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Noticing this unusual surge, the ministry was examining if there were any calculation mistake.

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