April gold import estimated $3.5 bn
By GCRU Gold News on Tuesday, May 12 2015, 12:15 - Permalink
Trade sources said India’s total gold import in April is estimated at about 90 tonnes ($3.5 billion). In March, it was much higher at 121.8 ($4.98 billion) tonnes. But, that was because many traders and investors had delayed their purchases in previous months, expecting a cut in the import duty in the Budget. This did not happen. The gold import in April, 2014, was 58 tonnes.