Gold Imports Said to Rebound Amid Signs India's Tax Woes Fading

Indian consumers probably bought 650-750 tons of the metal last year, according to the World Gold Council -- similar to 2016 levels which marked the slackest demand since 2009. In the past year, the sector has also been hurt by tougher requirements for buyers to prove their identity before a purchase, and the capping of the amount of cash used in these transactions.

Gold Imports Said to Rebound Amid Signs India's Tax Woes Fading