13 reasons why you should buy gold!
In my previous articles I have explained about the gold as preferred investment option and the rising gold prices. Today I have read article on moneycontrol website about the 13 reasons to buy the gold. 1. Global currencies are at an imbalance 2. Investment demand for gold is accelerating 3. Printing currencies 4. Huge supply [...]
India Bought 200 metric tons of gold from IMF
Buying Gold as Foreign Exchange Yesterday India bought 200 metric tons of gold from IMF. Earlier this year IMF had announced that it is willing to sell 400 metric tons of gold to rais the funds. IMF will use these funds to lend developing countries for the development. India had bought half that gold, it [...]
Gold prices touched 7 month high!!!
With the festive season nearing, gold prices are soaring to the new heights. Yesterday it touched the mark of Rs.15700(10 grams) which is the highest since last 7 months. It is Rs.50 less than the price in februray which is the highest. The prices are expected to be going further and the demand for the [...]
