You are here
India considers gold, silver imports from U.S. to bridge trade deficit
How generous of them!
* * *
By Rajeev Yahaswal
Hindustan Times, New Delhi
Friday, April 11, 2025
NEW DELHI -- India is considering importing gold and other high-value items, including silver, platinum, and precious stones, from the United States to address Washington's concern about a significant trade deficit with India, two people aware of the matter said.
Trade diversification could be one of the ways to bridge the bilateral trade deficit with the U.S., they said, requesting anonymity. Under the ongoing negotiation of a bilateral trade agreement, the two partners are considering supply chain integration for mutual gains. Under the agreement, concessional duties for precious metals and finished jewelry could be win-win for both, they said.
... Dispatch continues below ...
... ADVERTISEMENT ...
Fisher Precious Metals offers great prices
with personal service from a family team
Family-owned and operated Fisher Precious Metals is a great low-cost source for precious metals -- coins, rounds, and bars. But we also get you the highest prices available when you sell your precious metals.
Expect a personal approach with Fisher Precious Metals. You can always speak directly with the owners within 24 hours if not immediately. We provide you a team you can get to know and call at any time to discuss your investments with no pressure to buy.
Check our Google reviews to see what our clients have to say:
https://g.page/FisherPreciousMetals?share
Contact us at 1-800-390-8576 or Info@FisherPM.com or visit us here:
https://fisherpreciousmetals.com/
"The U.S. is a leading producer of gold, silver, and platinum. India can easily source a sizable quantity of these valuable items from the U.S.," one of the people said on condition of anonymity. ...
... For the remainder of the report:
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png
