4.19.2013
published April 18,2013
by Sudepp Jain and Debiprasad Nayak
INDIAREALTIME
Recently, gold has been considered as a safe bet, because its value was stable, and is not affected by inflation. But since last Friday, its price dropped. This decline has done significant effect to India, For some groups of Indians, gold price falling is not that bad news. Those are new buyers, India's finance minister, central banks, and gold bears.
I think nowadays economics are not that good. I thought decreasing gold price only means bad thing, but it is interesting that there are some groups that would glad this situation. I hope no one would get harmed by this.
Although the price has dropped significantly, for me, the gold prices still seem high. But maybe it's because the prices are for 30g of pure gold, and at least, some accessories will become a bit cheaper.
답글삭제I wonder why the price of gold is decreased because gold almost had fixed value. (I learned about this! but I don't remember, I want to remember!!!) Actually, I don't understand why people want to have gold,, for me, money or chocolate is better than gold. Anyways, interesting!!
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