Gold Investing News » Gold Imports fell in March due to sluggish demand

Gold Imports fell in March due to sluggish demand

March 31, 2009 @ 11:01 pm In Gold Market News

Gold imports slipped to zero for the second month in a row in March, owing to absence of demand in the domestic market.

Bombay Bullion Association Director Suresh Hundia stated:

Gold import during March is zero due to lack of demand because of high prices. Unless the prices goes down, there will be hardly any imports.

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