Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

India’s gold import rises 45 pc to 48 tonnes

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

The Economic Times
Wednesday, November 11, 2009

NEW DELHI: India’s gold imports surged by over 45 per cent in October at 48 tonnes on the back of rising demand, the country’s largest state-run gold importing firm MMTC said today.

India, the world’s largest gold consumer, had imported 33 tonnes in the corresponding period last year, it said.

(ARTICLE CONTINUES BELOW)

Indias gold import rises 45 pc to 48 tonnes 071009banner3

“Gold imports rose due to a sharp rise in jewellery demand and pick up in investment,” MMTC Chairman and Managing Director Sanjiv Batra told reporters here.

Consequently, MMTC purchased 15.13 tonnes from the global market last month as against 10.42 tonnes in the same period in 2008-09, he said.

Full story here.

This article was posted: Wednesday, November 11, 2009 at 10:56 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

Some See Mysterious Truck Convoy as Government Conspiracy See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.