“India’s gold imports in January slumped to just five tonnes from 62 tonnes in the same month a year ago as a surge in prices saps demand in the world’s largest consumer …
“There is almost zero demand. From 62 tonnes gold imports in January last year, only five tonnes were brought from overseas in January 2008”
make your own decisions folks.
P.S. just noticed that there’s a new Finance and Investing article and it encourages people to buy precious metals stocks. We’ll see who’s right and who’s wrong.
