India's Gold Imports to Resume

BY BIMAN MUKHERJI AND DEBIPRASAD NAYAK

NEW DELHI?India's gold imports are expected to resume as jewelers restock and shoppers return after the end of a 20-day strike protesting new taxes on bullion.

"All shops have reopened," said Prithviraj Kothari, president of the Bombay Bullion Association. "Gold demand should pick up. In April and May [combined], imports will be around a 100 [metric] tons."

While that would be a pickup from Mr. Kothari's estimate of 15 to 20 tons in March, April-May imports would still be 30% below ...

BY BIMAN MUKHERJI AND DEBIPRASAD NAYAK

NEW DELHI?India's gold imports are expected to resume as jewelers restock and shoppers return after the end of a 20-day strike protesting new taxes on bullion.

"All shops have reopened," said Prithviraj Kothari, president of the Bombay Bullion Association. "Gold demand should pick up. In April and May [combined], imports will be around a 100 [metric] tons."

While that would be a pickup from Mr. Kothari's estimate of 15 to 20 tons in March, April-May imports would still be 30% below ...

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