August gold imports may touch 100 tonnes

Gold imports in August remained elevated even as the yellow metal prices rebounded from multi-year lows. Imports in the month are estimated between 85-100 tonnes compared to 67 tonnes in August, 2014, a rise of around 50 per cent. In July this year, imports were 97 tonnes. Imports in first eight months of the calendar year are estimated to be 40 per cent higher at 587 tonnes year-on-year....Read More