Gold Jumps After India Reveals Import Surge
Tyler Durden’s pictureSubmitted by Tyler Durden on 04/10/2015 09:22 -0400
Gold prices jumped overnight on initial rumors and again in the last hour as Indian officials note that March Gold imports surged to 125 tons (more than double last March’s 60 tons). As Reuters reports, Gold imports in the fiscal year 2014/15 ended March 31 jumped to 900 tonnes, up 36% from a year ago.
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