gold imports

India’s gold imports more than doubled in August to hit their highest level in 15 months as lower prices prompted manufacturers to replenish inventory for a jewelry exhibition, provisional data from metals consultancy GFMS showed . . . .

Imports of gold to India surged for the first time in seven months after jewelers refilled stocks, taking advantage of sliding gold prices and rising demand with an upcoming jewelry exhibition . . . .

As per the information passed to the parliament, Gold import in volume terms has increased by 22.43 per cent to 955.16 tons during the fiscal year 2017-18 . . . .

For the past few years we have been seeing an overall rise in national reserves of gold – at least from countries which are believed to be providing accurate figures to the IMF . . . .

As U.S. gold exports to Hong Kong and China fell 25% in the first four months of the year, London picked up the slack . . . .

Putin Warns: "US Sanctions Hurt Trust in Dollar as Reserve Currency"

After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, one month ago Turkey announced that it too has decided to repatriate its gold stored in the US Federal Reserve and deliver it to the Istanbul Stock Exchange . . . .

Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases . . . .

Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd . . . .

The U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply . . . .