Tag Archives: RBI ask Banks not to Sell Gold Coins

RBI ask Banks not to Sell Gold Coins

By | June 7, 2013 10:23 am

Two weeks ago, with its current account getting crushed by relentless gold imports, India’s finance minister Chidambaram literally begged the people to stop buying gold. Judging by the popular response, the ongoing physical shortage, and last night’s increase in Indian gold import duties from 6% to 8%, appealing to people’s feeling when it comes to… Read More »