2015-16 gold imports seen at 900-1000 tonnes: Refiner

By: | Published: August 5, 2015 4:07 PM

India is likely to import between 900 and 1,000 tonnes of gold in financial year 2015-16 that began in April, the head of gold refiner MMTC-PAMP said on Wednesday.

GoldIndia’s July imports are expected to be between 70-75 tonnes, and its August imports more than 75 tonnes, said Rajesh Khosla, managing director of MMTC-PAMP. (Reuters)

India is likely to import between 900 and 1,000 tonnes of gold in financial year 2015-16 that began in April, the head of gold refiner MMTC-PAMP said on Wednesday.

India’s July imports are expected to be between 70-75 tonnes, and its August imports more than 75 tonnes, said Rajesh Khosla, managing director of MMTC-PAMP.

MMTC-PAMP is a joint venture between the Indian government and a Swiss metals refiner.

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