India brushes off concerns over gold import spike - for now
By GCRU Gold News on Wednesday, April 29 2015, 23:17 - Permalink
"(While) we have the comfort from low oil prices, there is a large cushion and we don't need to be very concerned about the gold imports numbers," said one senior official involved in policy decisions, who declined to be named.
Concern would kick in if imports stay at or over 100 tonnes a month after June, he said