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Is gold a sensible investment?

Posted on 23 November 2012

Is gold an ideal investment that makes sense? Indians have been buying gold for ages. The golden wealth that Indian households currently own is a mind-blowing quantity of roughly 15000 tons. In the last few years, the price of gold has shot up, giving the bullion metal the great label of one of the best investment vehicles.
You have now an array of investing products strung around gold. Listed and un-listed companies sell loans to people in exchange for pledging their gold jewellery items. Such loans are sanctioned in ‘three-minutes’ as an advertisement from a major listed company blares out………………………………………..Full Article: Source


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VRS - who has written 40685 posts on Opalesque Commodities Briefing.


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