Don’t miss the latest developments in business and finance.

India's gold imports in January rise 62 percent

Image
ANI New Delhi
Last Updated : Mar 01 2016 | 4:02 PM IST

India's gold imports in January surged 62 percent as compared to last year, reported a 'NewsRise Financial' report citing a government official.

India, the world's second biggest consumer of gold, shipped in 93.3 tonnes of gold last month while overseas purchases of the metal surged 25 percent to 904.2 tonnes, in the ten months to January, it said.

Gold imports in Delhi were seen hitting a more than two-year low in February, as rising prices keep buyers away, industry sources reported.

Also Read

First Published: Mar 01 2016 | 3:38 PM IST

Next Story