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India gold trade sees 2011 imports easing from record

India gold trade sees 2011 imports easing from record

August 20, 2011 / 11:50 PM IST

By Siddesh Mayenkar

KOVALAM, India (Reuters) - Gold imports from India, the world's largest consumer of bullion, are likely to ease to 825 tonnes in 2011, down 12 percent from last year's record of 958 tonnes, a Reuters poll of 12 importing banks, and traders

showed.

At a conference in Kovalam in southern state of Kerala, gold market participants gathered to assess the impact of record high prices on gold imports.