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 Pan American Metals of Miami says India Likely to Import Over 100 Tonnes of Gold This Year- Pan American Metals of Miami says India Likely to Import Over 100 Tonnes of Gold This Year
- August 21, 2011
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Demand for gold from India likely to spike as wedding season begins.
MIAMI, FL - With the Indian wedding season just around the corner, demand for gold from Asia is likely to spike. In fact, imports of gold to India are expected to exceed 100 tonnes this year. In the second quarter, India's investment demand for gold leapt a staggering 78% while jewelry demand rose by 17%. India and China together account for over 50% of the global gold bullion and gold jewelry demand. It appears that individual investors in India are seeing gold as the only asset that is actuall...
- View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-india-likely-to-import-ove-pr-328557.html
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