India International Political Economy

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Indian Imports of Gold Drop

September 9th, 2009 · No Comments

Indian imports of gold have dropped by 29 percent in July according to Bloomberg.

The India trade news comes as somewhat of a surprise as gold imports have been on the rise ever since May and the Indian gold buying season has just started.

A key driver to drop in Indian imports of gold is the demand decline in the jewelry market as the price of gold continues to climb.

Tags: India Trade

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