Nov
30
2009
Gold import dip
Posted in News |
NEW DELHI, NOV 29: GOLD imports dipped to 26 tonnes in October compared to 44 tonnes in October 2008 and 37.5 tonnes in September 2009 following soaring international prices, data released by the Bombay Bullion Association showed.
In the international markets, gold prices shot up from $ 1,050 an ounce on November 3 to a high of $ 1,194 on November 26, driven by the struggling dollar and the. Reserve Bank of India acquiring a whopping 200 tonnes from the International Monetary Fund.
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