India Boosts US Imports: Gold, Silver, Oil Surge Amid Trade Deal Talks

• India and the US are resuming trade agreement talks today, amidst past tensions over India's oil purchases from Russia.
• India's imports from the US are significantly increasing, with crude oil imports up 69% to $7.64 billion in April-November 2025.
• Precious metal imports from the US saw a massive 371% increase in November 2025 compared to November 2024, reaching $937.74 million.
• Gold imports from the US rose 95% to 4,505 kg, and silver imports jumped 6,983% to 128,342 kg in one year.
• This import surge is seen as India's 'damage control' strategy to balance trade deficit with the US and facilitate tariff removal talks.

Why It Matters: India strategically increases US imports, especially gold, silver, and oil, to balance trade and ease tariff tensions.