India’s Gold Demand Slows to a Trickle on Tighter Trade Rules

India’s gold imports are slowing to a trickle as banks and bullion traders grapple with new restrictions aimed at shoring up a weak rupee battered by the Middle East war.

By Yihui Xie, Preeti Soni · Bloomberg Markets

India’s gold imports are slowing to a trickle as banks and bullion traders grapple with new restrictions aimed at shoring up a weak rupee battered by the Middle East war.