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India’s Big Gold Clampdown: Fresh Curbs On Imports

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August 16: The gold clampdown continues with the RBI again tightening norms for gold imports, which touched 6 lakh kilograms this year. It now needs 100% upfront payment for all gold imports and has banned import of gold coins. Bloomberg TV India speaks to Radhika Rao, Group Research at DBS Bank, and Jonathan Barratt, MD of Commodity Broking Services, about the possible impact of these curbs and where gold is headed.