India’s gold imports rose sharply to $14.72 billion in October 2025, up from $4.92 billion a year earlier, driven by global bullion price spikes. With exports falling and imports rising, the monthly trade deficit widened to $41.68 billion, while India also announced a major new LPG import deal with the United States.

BulletsIn:

* Gold imports jump 200% to $14.72 bn in Oct 2025

* Imports overall up 16.63% to $76.06 bn

* Exports fall 11.8% to $34.38 bn in October

* Trade deficit widens to $41.68 bn for the month

* US-bound exports drop to $6.3 bn vs $6.9 bn last year

* Apr–Oct FY data: exports up 0.63% to $254.25 bn

* Imports Apr–Oct rise 6.37% to $451.08 bn

* Surge mainly due to gold & silver shipments

* India signs “historic” first structured US LPG contract

* Deal for 2.2 MTPA LPG = ~10% of India’s annual LPG imports

* Supplies sourced from the US Gulf Coast for the contract year 2026