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The Economic Times

Personal Finance / The Economic Times

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How can India reduce gold imports?

One of the objectives of the gold ETF was not merely financial innovation but to reduce, or at least postpone, the import of physical gold. The idea was elegant: channel Indias deep and lasting appetite for gold into financial products rather than repeated shipments of imported bullion. That promise, however, has never been fully realised.

25 May 2026 6:30 am