The Ottumwa Courier


India Gold

In this Friday, Dec. 6, 2013 photo, an Indian salesman stands by a counter at a gold jewelry shop in Mumbai, India. Gold is India's second-biggest import behind oil, and purchases have soared in recent years as rising incomes from a decade of economic growth sent Indian consumers on a buying streak. The problem is that the greater buying of the precious metal has dealt a blow to India's economy by increasing the flow of money out of country compared to inflows. As a result, the current account deficit rose to a historic high of 4.8 percent of India's gross domestic product in the fiscal year that ended in March. (AP Photo/Rajanish Kakade)

AP National