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India July gold imports 8-10 tonnes so far - trade.


Date: 31-07-2009
Subject: India July gold imports 8-10 tonnes so far - trade
MUMBAI, July 30 (Reuters) - Gold imports into India in the first 30 days of July were between 8 to 10 tonnes against 24 tonnes in all of July a year ago, the head of Bombay Bullion Association (BBA) said on Thursday.

"The reason for the fall is the same the prices are too high," Suresh Hundia, president of the BBA told Reuters.

On Thursday, gold MAUc1 was at 14,687 rupees ($303) per 10 grams, up 18 percent from a year ago.

Source : REUTERS

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