Silver is becoming increasingly popular in India

The recent rise in dollar-denominated gold prices has impacted the price of gold in India. Gold with a purity of 99.9% increased 150 rupees, amounting to 23,270 rupees (14,660 rubles) per 10 grams. Investors in India are looking for new price increases because they are concerned about the impasse in U.S. debt and see gold … Read moreSilver is becoming increasingly popular in India

Analysts of India on the price of gold

According to analysts of the Indian company Emkay Commodities, the price of gold may rise by autumn 2011 to 25,000 rupees (15,750 rubles) per 10 grams. Silver is also finding more and more buyers in India trying to protect themselves from rising inflation. In addition, many wealthy investors in India are increasingly concerned about the … Read moreAnalysts of India on the price of gold