India's Gold import volumes to touch 950 MT
By GCRU Gold News on Saturday, May 24 2014, 09:07 - Permalink
The easing of certain gold import norms by the Reserve Bank of India (RBI) yesterday is likely to increase supply of gold in the market. According to Nomura Financial Advisory and Securities, the gold import volumes by the country may go back to around 950 MT, surging by more than 25% when compared with the 750MT imported during FY ’14.