Wed, Oct 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

India to lease out 200 tons of Gold?

Posted on 22 August 2013

Given the crunch situation in US Dollar, media reports suggest that India is considering a plan to lease out 200 tons of gold that it bought in 2009 from the IMF.
“Indian Finance Ministry officials have said that they are thinking of leasing out 200 tonnes of gold that the RBI had bought in 2009. This is set to lift the rupee psychologically, while also ensuring increase in gold supply in the market,” a Business Line report said. Gold will be leased in the international markets as per the report………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37583 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031