Gold imports fell by close to 10 per cent to 950 tonnes in the 2015-16 fiscal on poor domestic sales due to jewellers’ strike and lack of global price parity, a top official of state-run MMTC said. The world’s largest gold consumer had purchased 1,050 tonnes of gold from the overseas market in the preceding year. “Gold imports fell to 950 tonnes in 2015-16 from 1,050 tonnes in 2014-15 fiscal,” MMTC Chairman and Managing Director Ved Prakash told reporters. The slump came as jewellers kept their shops shut in protest against imposition of one per cent excise duty on non-silver jewellery. lack of price parity in the global market also curbed shipments in 2015-16, he said.