Despite some minor relaxation in government curbs in May this year, gold
imports into Gujarat state have fallen to a record low in July. Data
showed that just 3.06 metric tonnes of gold was imported in July 2014,
which has been termed the lowest figure for July in the last six years,
and as compared to 8.9 metric tonnes in July 2013 – down around 60 per
cent year on year. This parallels somewhat similar figures elsewhere in
India.
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