13
January
Gold Imports by India Surge to Record as Price Is `Not a Factor,' WGC Says
13 January 2011 Bloomberg.com
Gold imports by India, the biggest bullion consumer, likely reached a record last year driven by investment demand, according to the World Gold Council.
Purchases were about 800 metric tons, compared with 557 tons in 2009, Ajay Mitra, managing director for India and the Middle East at the producer-funded group, said today in a telephone interview from Dubai.
