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January gold imports jump 55 pct - media

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Reuters MUMBAI
Last Updated : Feb 27 2015 | 12:22 PM IST

MUMBAI (Reuters) - Gold imports into India, the world's top consumer, jumped 55 percent to 57.2 tonnes in January from a year ago, local media reported ahead of an expected cut in the import duty in Saturday's federal budget.

India's trade data earlier this month reported January gold imports hit $1.56 billion, up 6.41 percent from a month ago.

(Reporting by Meenakshi Sharma; Editing by Sunil Nair)

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First Published: Feb 27 2015 | 12:09 PM IST

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