Monday is Akshaya Tritya here in India where husbands traditionally gift their wives gold or jewellery.
Price of physical gold is around $1273/ounce (Less than INR 27000/10 gm). How does this relate to your experience buying gold?
SBI is selling gold coins at a special discount of 7.5% but word is they are not buying them back and you have to look for private dealers to sell. Women are of course happy but investors do not have a good outlook.
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