Inbound shipments climbed to 35.5 tons in August from 14.8 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the information isn’t public. Imports were also higher than July’s 25.5 tons. Finance Ministry spokesman Rajesh Malhotra didn’t immediately respond to a call to his mobile phone.
The rebound in demand follows a nearly 80% drop in imports between January and June and comes as India slowly eases restrictions on movement and economic activity put in place to control the coronavirus outbreak.
https://www.bnnbloomberg.ca/gold-imports-rebound-in-india-1.1489385
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