October gold imports in India drop 33% as higher prices curtail festive buying
India`s gold imports in October fell a third from a year earlier, dropping a fourth straight month as near record-high prices dampened festive buying in the world's second-biggest consumer of the metal, a government source said on Monday.
Lower imports by the South Asian country could cap gains in global prices. Source - Reuters.
India`s gold imports in October fell a third from a year earlier, dropping a fourth straight month as near record-high prices dampened festive buying in the world's second-biggest consumer of the metal, a government source said on Monday. Lower imports by the South Asian country could cap gains in global prices.
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