Its time.....hope you are somewhere in queue. Except some chinese and some Indians I dont see any lines anywhere in the world. waiting for last quarter of this financial year that's when all the high action is.
God bless those who bought at 29-30 hoping for 50:lol:
And what's India's gold rate would be - only future can tell, still 10% duty and +10 usdinr rate is added at this point which will fade some times in future. I'll just laugh whenever our currency hits 50s mark again. And thats more likely thing for sure.......
Bro like other countries in India Gold is not bought by traders
Most still have gold bought by there grand parents more Gold coming down more increase in sale as can be bought by lower middle class for marriage of kids
people who bought gold at 30k or at 32k wont be crying as all buy for longer term you can check by going to any jewellery shop nobody is coming to book loss or no large scale suicide by people on gold coming down
from 6k to 33k+ in last 10+ years return on gold is good and that temptation wont end till we have Mata Lakshmi in our house reminding us importance of Gold everyday
One more thing want to add in last 30 years or so no new Gold mine came in picture and lower the Gold higher the production cost in every mine Jai Shree Ram