The country imported 71 tonnes of gold in November, compared with 40 tonnes in October, reports quoting government officials said.
At the end of June quarter, WGC had projected the annual demand to be in the range of 750 to 850 tonnes.
Over the next 6 to 12 months, financial market uncertainty and accommodative monetary policy are likely to support gold investment demand.
The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.
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