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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%Nov 18 4:00 PM EST

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To: Rarebird who wrote (47227)1/19/2000 11:12:00 AM
From: long-gone  Read Replies (3) of 116762
 
Though I believe this is in direct contradiction to prior news releases from India:Gold Imports Drop in India
Source: Xinhua English Newswire

&&India's gold imports declined by 38 percent in April-November 1999 to 273 tons from 379 tons recorded a year ago.
According to provisional figures circulated by the Revenue Department, imports in October and November 1999 stood at 3.5 tons and 15.41 tons as against 40 tons and 72 tons respectively in the same months of 1998.
Officials said a rise in international gold prices had led to the drop in demand.
In addition, some of the demand may have been met through domestic sources, especially after the launch of a gold deposit scheme.
Publication date: Jan 14, 2000
© 1999, NewsReal, Inc. <http://www.newsreal.com>
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