Here is a good news for India and almost every Indians that in this despair finacial situation of world, the price of gold and silver is shooting up and that benefiting almost every Indian Households . The love of Indian for the bulllion in causing trillion dollar smile on the face of everyone in this gloom and doom senario.
If the flight of money towards gold continue for some more time, nobody should be surprised to see the newer highs for the prices of gold. However with the meltdown in the prices of other commodities , financial assets and real estate, the rise in the prices of gold holds even more merits in the theory of diversification. Holdind asstes across different assets class makes investors sailing through in these bad times and prosper in good times.
Indians by default of their nature do this diversification and who knows God might be Blessings India in emergence of next financial power.....ameen!!!!!
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Great view....ur article surely made my face glitter.....proud to be an Indian.....Jai ho!!!
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