27.02.2014 - Platinum turns hot in India, imports surge 140pct in January
As government restrictions continue to keep gold imports under check, the most recent data released by the Gem and Jewellery Export Promotion Council (GJEPC) indicates that platinum exports have more than doubled during January this year. India’s platinum imports during the month totaled $1.51 million, soaring by nearly 140% over the year. According to Platinum Guild International, the retail demand for platinum jewellery grew by 30% in 2013. The imports statistics for 2013 substantiate the strong rise in demand. The country’s platinum imports surged from 18 tons in 2012 to 40 tons in 2013...............................................Full Article: Source
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