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India's gold imports up 61% at 155 tonnes in April-May
From the Press Trust of India
via The Times of India, Mumbai
Sunday, August 2, 2015
NEW DELHI -- India's gold imports shot up by about 61 percent to 155 tonnes in the first two months of the current fiscal mainly due to weak prices globally and the easing of restrictions by the Reserve Bank.
In April-May of the last fiscal years, gold imports had aggregated about 96 tonnes, an official said.
In the international market, gold has been trading weakly over the past few months. On Friday, it closed at US$1,095.10 in New York market. ...
... For the remainder of the report:
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