Jul 13, 2017

Gold News India July Import Export 2017 First Half Sales

India gold imports in H1, 2017 greater than all of 2016.
 India imported 521 tonnes of gold in first half of 2017.
 H1 figure for gold imports $22.2 Bln versus $23 Bln in all ’16.
 Gold demand was up 15% year- on-year in the first quarter.
 June gold imports climbed to an estimated 75 tonnes from 22.7 tonnes a year ago.
 Annual total set to surpass 900 tons, strongest year since ’12.
 “I trust gold more than the currencies of countries” – 63% of Indians in Survey.

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