China's Spot Aluminium Stockpiles top 1 million tons

Spot aluminium stockpiles topped 1 million tonnes in China as downstream consumption showed no signs of recovery, according to a survey by Shanghai Metals Market.

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India Gold, Silver imports fall significantly in Feb; FY 2013-14 CAD to drop to lowest level in 6 years

India's gold and silver imports fell significantly in February this year mainly due to restrictions imposed by the government on inbound shipments of the yellow metal to narrow the current account deficit.

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India's FY 2014-15 CAD to rise to 2.7% of GDP if Gold imports pick up: CRISIL

CRISIL Research expects India's CAD to print 2.0% of GDP in 2013-14, the lowest since 2007-08, compared to 4.8% last year. Merchandise trade deficit for April-February 2013-14 is at $128.1 billion as compared to $179.9 billion in 2012-13.

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