India imported over 120 tons of gold in August, reaching the highest
level so far in the fiscal mainly due to diving global gold prices. India's inbound shipments of gold stood at 89 tons in July 2015. In
August last year, the figure was 50 tons."There has been a steep rise in gold imports, and in August, it was
over 120 tons, which is the highest in any month in the current fiscal,"
an official told.....Read More
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