Gold imports by India climb to highest in more than two years
Mumbai
GOLD imports by India, the world's biggest market after China, jumped to the highest level since 2014 in the first three months of the year, spurred by jewellers restocking for weddings and improving cash flow in the financial system, the World Gold Council said.
Net inbound shipments more than doubled to 270.1 tonnes from 127.4 tonnes a year earlier, council data showed on Thursday. That's the biggest amount since the 279.5 tonnes imported in the fourth quarter of 2014.
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