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Posts Tagged ‘rise’

Gold Price rises in India

India has the largest gold market in the world, but the domestic production of gold has been negligible all these years. The country produces about two tonnes of gold annually.Till 1991, practically all gold import to India was through smuggling! Even though millions of Indian people live in poverty, India is the world’s largest consumer Read more »

Rise in Gold prices

Due to the fear about the hurricane season which influences the cost not just of oil, but of commodities such as natural gas, gold prices have started to climb up. The US government said that the hurricane season, which begins on June 1, could be “one of the most active seasons on record”. At the Read more »

The Gold Standard