Is it safe to buy too much Gold in 2013 - 2014 Post Budget | Safest Investment Gold? | History of Gold Rates in India - Trend Speaks

Friday, March 1, 2013

Is it safe to buy too much Gold in 2013 - 2014 Post Budget | Safest Investment Gold? | History of Gold Rates in India

India's Finance Minister Mr. P. Chidambaram appealed people not to buy too much gold in the coming year. He added, "I'm hoping that the people of India will heed my appeal and will not demand so much gold," Chidambaram said.

Chidambaram said ways to tackle the current account deficit, which hit 5.4 per cent of gross domestic product (GDP) in the July to September quarter, were by encouraging domestic production and boosting exports.


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1 comment:

  1. I think the Gold is not a secure investment asset,because the Gold price fluctuating unpredictably.In November 2012 Gold Price History In India breaks its record to 24240.Just after six month the Gold price downed to 19650.What fluctuation in the rate of Gold.So how can we trust in Gold Investment.
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