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Gold bullion imports by Indian state hit 5-year lows in FY ‘14

Posted on 03 April 2014

In accordance with the latest official trade data, the gold bullion imports by the country’s Northern state of Gujarat touched lowest levels in five years during the financial year FY ’14. The imports failed to cross even 100 metric tonnes this year.
As per trade figures released Monday, the total gold imports during the period from April ’13 to March ’14 amounted to 92 metric tonnes. The gold imports during the fiscal year plunged to nearly half when compared with the total gold imports of 193 metric tonnes during FY ’13…………………………………Full Article: Source


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