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February gold imports increases by 82% to 50 tonnes

February gold imports increases by 82% to 50 tonnes

Wednesday, March 1, 2017, 6:04 PM

India's February gold imports increased to 50 tonnes, up more than 82% from a year ago, on pending jewellery demand and as retail consumers increase purchases for weddings. India's gold imports had reduced to 27.4 tonnes in February 2016, as buyers postponed purchases in anticipation of a reduction in the import duty in the budget at the time.
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