Wednesday, 24 April 2013

Gold Prices in India

Gold prices saw its lowest hit since 1983 on 15th April. This fall has been defined as the worst hit in the past 30 years. From the then high-priced, but now inexpensive 1800/10g, gold prices went on to touch the sky with a whooping 30,000/10g till the first week of April. With the second week of April ushering in, gold prices went on to fall worse than a descending superstar on a path to self- destruction and fell down to a low 27,000/10g. It gradually decreased even lower than worst hit it had ever seen and has settled for a few hundreds less than 26,000 Indian Rupees this week.

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