Gold imports treble in August at 21.8 tonnes


Gold imports witnessed nearly a three-fold jump during August at 21.8 tonnes as compared to the previous month on rising investment demand with the onset of festival and marriage season.

The import of the metal was 7.8 tonnes in July this year.

According to analysts, people are probably waiting for prices to come down from the Rs 15,000 per 10 grams level, with reports suggesting a further rise in prices in the comingmonths .

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