India’s gold jewellery exports surge in June’10

India increased its exports of gold jewellery in June 2010, from $437.24 million in the corresponding period of 2009, to $610.4 million. The country’s gem and jewellery exports in the quarter ending 30 June 2010, amounted to $8.89 billion, rising 67.6 percent from the corresponding period last year.

Gold bar imports in the said quarter dipped by 31.79 percent in value to $1.14 billion, reports say.