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Platinum imports into India are set to rise this year as its prices have declined steeply relative to gold, fuelling an increase in demand for the precious metal globally used for encasing diamond jewellery. Imports may climb up to 18 per cent to 7.08 tonnes this year as platinum has become cheaper by Rs 8,090 per 10 gm in comparison with gold, industry sources indicated. “Imports were at 6 tonnes in 2018 for the Platinum Guild International (PGI) programme," said Vaishali Ban .
