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India to review gold policy after surge in imports

IMG Auteur

Chris Powell

GATA

Published : November 13th, 2014

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FOLLOW : China Gold India

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Category : GoldWire


	India is considering curbs on gold imports by private trading firms after foreign purchases surged in the past two months, two sources with direct knowledge of the matter said. October shipments into India, the world's No.2 gold consumer after China, jumped to about 150 tonnes, compared with under 25 tonnes a year earlier and 143 tonnes in September, a third source, a top finance ministry official, said on Thursday. All three sources declined to be identified due to the sensitivity of the issue. ... ... For the remainder of the report: http://www.reuters.com/article/2014/11/13/ind...-idUSL3N0T33...

Data and Statistics for these countries : China | India | All

Gold and Silver Prices for these countries : China | India | All

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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