Wednesday, January 12, 2011

Gold imports up by 42 pc in Nov.

Gold imports shot up by over 42 per cent to total 39.8 tonnes in
November despite the ruling high price.

India, the world's largest consumer of the yellow metal, imported 28
tonnes during November 2009, according to data given by the Bombay
Bullion Association (BBA).

With the wedding season under way, prices would continue to reach
greater heights, the World Gold Council (WGC) Managing Director
(Middle East and India), Mr Ajay Mitra, said.

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