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BUSINESS
Overseas purchases of the metal surged 25% to 904.2 tonnes.
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Updated : Mar 21, 2018, 04:23 AM IST
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India's gold imports in January surged 62% as compared to last year, reported a NewsRise Financial report citing a government official.
India, the world's second biggest consumer of gold, shipped in 93.3 tonnes of gold last month while overseas purchases of the metal surged 25% to 904.2 tonnes, in the ten months to January, it said.
Gold imports in Delhi were seen hitting a more than two-year low in February, as rising prices keep buyers away, industry sources reported.
