India Takes The Gold Bull By The Horns

Resource Investing News

Buying 200 tonnes of gold from the IMF, almost half of the 403 tonnes earmarked for sale, India has effectively set a floor price for the desired metal. Where does one go from here? Who will buy next and when? India has shown the way, and charted out a clear path for the road ahead …

Buying 200 tonnes of gold from the IMF, almost half of the 403 tonnes earmarked for sale, India has effectively set a floor price for the desired metal. Where does one go from here? Who will buy next and when?

India has shown the way, and charted out a clear path for the road ahead with its US$ 6.7 billion gold purchase.

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