27.03.2012 - India gold bullion imports "to fall by one third this year"
Imports of Gold Bullion to India are set to fall by nearly a third in 2012, according to a poll of industry insiders conducted by newswire Reuters. The poll of 10 respondents, including jewelers, brokers and importers, found the median estimate to be 655 tonnes of gold – a 32% drop from 2011's volume. According to World Gold Council data, India imported 969 tonnes of Gold Bullion last year...............................................Full Article: Source
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