The gold price increase or decrease in India?

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The gold price increase or decrease in India?

Post  martin2020 on Sun Jun 26, 2011 3:33 am

The gold prices will increase. However, that will not be in sync with the inflation. A study showed that although the price of Gold has increased every year (and will continuously do so), adjusting with the inflation, for a long term investment, it has been a loss. So technically speaking, Gold is not even a safe investment anymore. The only advantage is, that Gold, unlike any other stocks / bonds can be encashed ANYWHERE in the world (Except the north and south poles).
gold coin prices


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