India's central bank eases gold import restrictions and their repeal is expected

Section:

12:02a HKT Tuesday, April 8, 2014

Dear Friend of GATA and Gold:

Resource Investor's Paul Ploumis reports that the Reserve Bank of India has authorized five more banks to import gold into the country and that the new government being elected this week is expected to get rid of gold import restrictions entirely:

http://www.resourceinvestor.com/2014/04/07/gold-premiums-tumble-in-india

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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