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Tuesday, October 10, 2017

Indian Gold Demand Up in September Even With Tax Rule

After nearly tripling in August, demand for gold in India remained strong last month, despite a tax rule that put a damper on high-dollar jewelry purchases. Gold demand rose 31% year-on-year in September. Imports came in at 48 tons, according to a Reuters report. Higher purchases by India, the world’s second-biggest consumer, could lend support to global […]

Indian Gold Demand Up in September Even With Tax Rule



from SchiffGold.com http://ift.tt/2ydhxwR