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Commodities Briefing - Categorized | Bullion/Gold, Trading more

Imports of gold and silver soar 222pct in India

Posted on 21 June 2011

Precious metals continue to be the fancy of Indian investors with the country recording $9 billion imports in just one month puzzling economists and analysts.
The import of gold and silver by India has risen by a whopping 222% between April and May 2011, as compared to a year ago. In the month of May alone, imports were a staggering $9 billion, with gold demand growing 25%……………………………………….Full Article: Source


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