India barely buying gold right now
By GCRU Gold News on Wednesday, June 15 2016, 03:14 - Permalink
With Bloomberg citing familiar persons in the finance ministry as saying that May's gold imports totaled just 31 tonnes - a drop of 51 percent from year-ago levels.
That would come after India's gold imports dropped 67 percent in April - to just 22 tonnes. Showing that gold buying is incredibly sluggish right now.