India's gold guzzling still high, spurs neighbours to act

India's gold imports hit $2.9 billion in July, up from $2.45 billion in June, official data showed on Monday, confirming Finance Minister P. Chidambaram's fears that despite hikes in import duties and steps by the Reserve Bank of India (RBI) to stem supply, demand is on the rise again.

 

Read More: in.reuters.com/article/2013/08/12/india-gold-idINDEE97B0AD20130812

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