India Removes Restrictions On Gold Imports

Peter's Commentary The Indian Government's decision to remove gold restrictions is unlikely to change the near term bearish outlook for gold prices. From Kitco, Neil Christensen, November 28, 2014 On Friday, the Indian government removed its current 80:20 import rule, which said that 20% of all imported gold had to be mandatorily exported before any new shipments could be brought in. … [Read more...]