Quote of the day 6th August 2015

“India is likely to import between 900 and 1,000 tonnes of gold in financial year 2015-16 that began in April. In July, the imports are expected to be between 70 and 75 tonnes, up from 57 tonnes in June and it would be much higher in August with jewellers stocking up for the festive season." 

Rajesh Khosla, Managing Director, MMTC-PAMP India Pvt Ltd