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The billion dollar bullion question: How will gold fare in 2013?

Posted on 02 January 2013

In nations such as India gold has a mythological, historical, economic and cultural significance when it comes to its hoarding and storing. The commodity has given an average of 20% return in last one decade and sustained demand, central bank buying, bullish price action, continuous positive returns have all attracted investors towards gold.
Investors invested in gold have received positive annual return of 12% in 2012 as imports climbed (though the import duty was a dampener), consumption surged and Indian Rupee depreciated against Dollar………………………………………..Full Article: Source


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VRS - who has written 39041 posts on Opalesque Commodities Briefing.


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