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Gold bullion imports in India hit 13-month high

Posted on 02 July 2014

Gold bullion imports by the India’s northern state of Gujarat touched its highest levels in thirteen months during June, primarily on account of recent relaxations in gold import norms by the new government.
Per trade figures released June 30, the total gold imports during the month of June totaled 14.33 metric tonnes (MT). This is the first time in the past year that the monthly gold imports have touched double digits. Gold imports surged by 74% compared to 8.74 MT in June last year………………………………………..Full Article: Source


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