Gold imports drive biggest-ever monthly trade gap in October: RBI Bulletin

New Delhi [India], November 24 (ANI): India's merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according to the Reserve Bank of India's (RBI) State of the Economy report in the November 2025 Bulletin.

The deficit, the highest for any month on record, reflects a combination of festive-