Overall Indian gold imports in 2009 decreased compared with the year 2008. In the year 2008 the Indian gold imports reached 420 tons, but in 2009 the Indian gold imports reached only about 200 tons. Indian gold imports at the end of the year increases in December 2009.Bombay Bullion Association (BBA), says Indian gold imports in December, jumped 32-35 tons.
The main factor decreasing the Indian gold imports because the price of gold rose high enough, even the price of gold reached a high recor in 2009. BBA association retailers and wholesalers of gold india plans to revise the trading price of gold to create gold trading market that is conducive to the development of the mining sector and the country's economy.
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