praveen
22-11-2007, 06:53 AM
India's gold imports in the current year are likely to be higher than in 2006 and could even rise to a record 800 tonnes as high sales in the first half and good demand for retail bullion may make up for poor sales during Diwali, a research house and a trade body said late on Monday.
“Thousand tonnes looks less likely, but it still looks like it is going to be a record level,” said GFMS executive chairman Philip Klapwijk, referring to trade forecasts earlier in the year
“Thousand tonnes looks less likely, but it still looks like it is going to be a record level,” said GFMS executive chairman Philip Klapwijk, referring to trade forecasts earlier in the year