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IPMI and Industry News: Industry News

India Gold Imports

Friday, July 14, 2017  
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LAWRIE WILLIAMS: Indian gold imports; High but ignore the hype!

Figures for May, and probably for June too, will have been anomalously high ahead of the announcement of the Goods and Services Tax (GST) that would be applied at the beginning of July.  Importers would have thus been hedging their bets against a possible high tax imposition. - Sharps Pixley 07/14/2017

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