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    gold investing

    Gold Imports To India Expected to Decline 20%

    Investing News Network
    Feb. 23, 2012 08:54AM PST
    Precious Metals Investing

    Reuters reported that India’s gold imports may drop 20% in 2012 as traders seek other investments.

    Reuters reported that India’s gold imports may drop 20% in 2012 as traders seek other investments.

    As quoted in the market news:

    Given the improved economic sentiment, helped by an easing of inflation and a recovery in the Indian rupee, a government panel has also estimated gold imports to fall by 35 percent by value to $38 billion in the year to March 2013.

    Click here to read the full Reuters report.

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