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    gold investing

    India to Extend Gold Import Restrictions

    Investing News Network
    Jun. 04, 2013 07:14AM PST
    Precious Metals

    The International Business Times reported that major gold consumer, India plans to extend restrictions on gold imports.

    The International Business Times reported that major gold consumer, India plans to extend restrictions on gold imports.

    As quoted in the market report:

    In May, India imported 162 tonnes of gold, more than what the industry expected. But then, Mr Chidambaram told reporters that India “cannot afford 162 tonnnes of gold imports a month.We will have to check this,” he said.

    To view the whole International Business Times report, click here.

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