Indian Gold Imports Said to Almost Triple on Wedding Demand
By GCRU Gold News on Wednesday, March 8 2017, 23:55 - Permalink
Gold imports by India, which competes with China for the role of world’s biggest consumer, are said to have risen almost three-fold in February from a year earlier as jewelers increased stockpiles before the festival and wedding period that starts next month.
Shipments jumped 175 percent to 96.4 metric tons in February from a year earlier.