27.01.2014 - Donít poke the gold elephant in the room
Big though China is for gold these days, India has remained the elephant shut out of the room. Hence Thursday morning's pop in London prices. Quickly up $10 per ounce, and then another $10 on top, gold gained after news broke that Sonia Gandhi, leader of India's Congress Party, apparently wrote to the government, asking to ease its anti-import rules. Gandhi's party, the Indian National Congress, is actually in charge, leading New Delhi's coalition. But Gandhi heads the party, not the government...............................................Full Article: Source
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