Wow! Why is gold trading at record levels?
Tuesday, November 3rd, 2009Filed under: Major movement , International markets , Deals , Market matters , Money and Finance Today , Commodities Here’s a shocker! India’s central bank just bought 200 tons of gold! Do you know why India bought the gold? India’s finance minister said the reason for the purchase was that the economies of Europe and the US had “collapsed.” India swapped $6.7 billion dollars for gold equivalent to 8% of world annual mine production

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Wow! Why is gold trading at record levels?







