GFMS Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/gfms/ Latest Jewelry News From All Around The World Thu, 04 Jan 2018 09:03:45 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 GFMS: India’s Gold Imports Register 67% Year-on-Year Rise, Reach 855 Tonnes in 2017 https://www.thejewelrymagazine.com/gfms-indias-gold-imports-register-67-year-year-rise-reach-855-tonnes-2017/ https://www.thejewelrymagazine.com/gfms-indias-gold-imports-register-67-year-year-rise-reach-855-tonnes-2017/#respond Thu, 04 Jan 2018 09:03:45 +0000 http://www.thejewelrymagazine.com/?p=6480

India imported an estimated 855 tonnes of gold during 2017 marking a 67% increase over last year, according to provisional data from precious metals consultancy GFMS Thomson Reuters. Media reports said that the consultancy stated that the surge in imports was driven by a rise in retail demand, and subsequent restocking by jewellers. Demand received […]

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