Tuesday 23 May 2017

#AOJQuote of the day 23rd May 2017:

"Overall demand is going to be (flat at) 650-750 tonnes and I don't expect imports to behave any differently compared to demand. What demand is in 2017 relative to 2016, imports will be relative to 2016? You will see the curve is the same. Given the spike in imports in the first quarter, the remainder of the year will be less strong.” Somasundaram PR, MD-India, World Gold Council

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