Gold imports to India, the world's top consumer, slumped 44 per cent to 157 tonnes in the December quarter on a record high prices but total imports in 2011 edged up 1.1 per cent on higher purchases in the first half of the year, the World Gold Council (WGC) said in a statement on Thursday.
India imported 969 tonnes of gold in 2011 against 958 tonnes a year ago. India's jewellery demand fell 44 per cent to 103 tonnes in the quarter, while investment demand was down 38 per cent to 70 tonnes, WGC said.
Gold prices gained 5.2 per cent in the December quarter, touching a record high of 29,516 rupees in November.
Email this page
| ursulaN says, Personal finance is the (10 weeks 4 days ago) |
| cbhattarai says, Budgeting Tips (16 weeks 2 days ago) |
| cbhattarai says, Budgeting Tips (16 weeks 2 days ago) |
| cbhattarai says, reply (16 weeks 2 days ago) |
| veronicaD says, Loans recently provides us (20 weeks 21 hours ago) |
| Ramalingam K says, With proper tax planning you (21 weeks 21 hours ago) |
| Ramalingam K says, With proper tax planning you (21 weeks 21 hours ago) |
| cbhattarai says, Paying tax in advance is (21 weeks 23 hours ago) |