Articles Tagged "india"

September Brought Big Jump in India’s Gold Imports

Bloomberg Businessweek reported that in September, Indian gold imports came to about 95 metric tons (MT), up significantly from the 15 to 20 MT brought into the country in the year-ago period.

Indian Gold Demand on the Decline

Reuters reported that the fact that the Indian gold price has dropped one-quarter over the last year has left local buyers uncertain if the yellow metal is a good store of value.

India Eases Gold Import Restrictions

Mineweb reported yesterday that the Indian government has eased gold import restrictions. The move allows some of the country's banks in the private sector to buy the yellow metal from abroad.