- Thursday, November 26, 2009, 16:13
- Finance
- 2 views
Gold is now a dream for the Indian marriage occasion. Gold prices have moved up from Rs 11,785 per 10g to Rs 18000 in a year giving 53% annualized return. The recent news that RBI purchased 200 tones of IMF gold for $6.7 billion spooked the prices to 18000 levels. IMF gold sales was in order as per the agreements between the Asian countries. Their are some more reasons for this yellow color metal to shine.
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