Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (56715)	7/26/2000 9:22:26 AM
From: lorne	Read Replies (1) \| Respond to of 116922

Indian gold imports AHMEDABAD, July 25: Indian gold imports fell sharply in June with demand plummeting amid a drought in western and central regions, dealers said on Tuesday. Imports through Ahmedabad, the main trading centre, fell to 8.64 tons in June against 18.64 tons in the same month of last year, data issued by Chokshi Mahajan, the bullion merchants' association, showed. Ahmedabad accounts for 30 to 40 per cent of the country's bullion imports due to lower local taxes. Right now, no one is importing because the demand will pick up only when the crop prospects are known, said Yashwant Thakkar, a leading importer and a member of Chokshi Mahajan. Bankers however said demand had shown signs of improvement in July after normal rainfall in the drought hit areas but imports were still lower than normal.-Reuters dawn.com