30.08.2010 - Gold at $1,300 may crimp Indian imports

From Moneycontrol.com: India's gold imports almost doubled in the first half of this year, boosted by a good monsoon and pent-up demand from the previous year when a drought hit consumers' spending capacity. The real test of consumer appetite will come in the second half when India's festival season tend to encourage a spending spree, though much will depend on what happens to the gold price..........................................Full Article: Source

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