India and Gold
India seen buying 10% more gold
New Delhi - India may import 10% more gold this year as a fall in world prices just ahead of the marriage and festival seasons has opened up a buying opportunity for its gold-crazy consumers, an industry official said.
Softer gold prices are also expected to boost the world appetite for Indian jewellery, exports of which could rise 15% in 2006, said Bakul Mehta, chairperson of the Gem and Jewellery Export Promotion Council.
More if you follow this link: http://tinyurl.com/r4vn2
New Delhi - India may import 10% more gold this year as a fall in world prices just ahead of the marriage and festival seasons has opened up a buying opportunity for its gold-crazy consumers, an industry official said.
Softer gold prices are also expected to boost the world appetite for Indian jewellery, exports of which could rise 15% in 2006, said Bakul Mehta, chairperson of the Gem and Jewellery Export Promotion Council.
More if you follow this link: http://tinyurl.com/r4vn2
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posted by Sean Brodrick @ 3:02 PM
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