1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

India's gold imports to fall in H2; smuggling seen rising -WGC

By:  
 
GOLD
India's gold imports will likely drop in the second-half of the year from the first six months after jewellers rushed to stock up ahead of new taxes introduced on July 1, the World Gold Council (WGC) said on Thursday. Faltering appetite in a country where gold is used in everything from investment to wedding gifts could rein in a rally in global prices, trading near their highest level in seven weeks.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register