The government has put the imports of gold dore in restricted category. Now, the importer needs a license to import this commodity.
The directorate general of foreign trade (DGFT) in its notification said import policy of gold dore is restricted. Gold dore is a semi-pure alloy which is refined for further purification. Refined gold bars are manufactured from gold dore bar.
India, the world's second-biggest gold consumer after China, imports about 900 tonnes of gold a year. In value terms, gold imports fell by about 43% to $1.68 billion in October. The imports mainly take care of demand of the jewellery industry.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: