A worker inspects finished gold chains in the office of the P.N. Gadgil Jewellers Pvt. manufacturing facility in Pune, India. (Photographer: Dhiraj Singh/Bloomberg)

Gold Imports by India Jump in May as Prices Drop to Year's Low

(Bloomberg) -- Gold imports by India grew 36% in May from a year earlier as jewelers and customers rushed to buy after prices declined to the lowest level this year.