There’s a new investment idea in town. The Reliance My Gold Plan allows you to buy gold through “Daily averaging”, by taking a (minimum of) Rs. 1,000 ...
If you’re a Capital Mind regular, you’ll probably find this repeated the 100th time, when I’ve said if you ban gold imports, they’ll smuggle it in. ...
I’ve been saying this for a long time. That if you try to stop gold supply from outside, they’ll smuggle it in. The smugglers are now winning the gold war. ...
I had written in June 2013 that India should sell all the excess gold in temples. (Excess, because some gold is on the idols). This resulted in people getting ...
Gold’s trading at a high premium. Get this, RBI. You can’t reduce the consumption of a product by restricting supply, when demand is high. Jewellers are ...
Reliance Capital has decided not to sell gold as an investment product, in a press release that defies imagination: Reliance Capital, a part of the Reliance ...
Problem: India imports too much gold. Facts: There is a lot of gold lying in temple vaults, including jewellery, donated by people over years. This does ...
I had recently mentioned that the Gold price drop would cause the Indian Current Account Deficit to narrow, and even quantified the amount: (How Much do the ...
