08.11.2012 - India to import more gold this year than earlier thought - WGC
It is not just Indian bullion retailers who are gearing up for the festival of lights in India next week. The World Gold Council too has noted a significant jump in sales from end-October and early November, in a run-up to the festival. India's import of the precious metal could be appreciably higher than was earlier envisaged, according to the Council. At a press conference, the global organisation said that India could import around 800 tonnes this year, way more than the 640 odd tonnes that was spoken about earlier this year...............................................Full Article: Source
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