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India's Yearly Gold Imports Estimated at 900 to 1,000 Tonnes
Aug. 05, 2015 11:58AM PST
Precious MetalsBusiness News reported that in the 2015/2016 financial year, India is likely to import 900 to 1,000 tonnes of gold. That estimate comes from the head of gold refiner MMTC-PAMP.
Business News reported that in the 2015/2016 financial year, India is likely to import 900 to 1,000 tonnes of gold. That estimate comes from the head of gold refiner MMTC-PAMP.
As quoted in the market news:
India’s July imports are expected to be between 70-75 tonnes, and its August imports more than 75 tonnes, said Rajesh Khosla, managing director of MMTC-PAMP.
MMTC-PAMP is a joint venture between the Indian government and a Swiss metals refiner.