Friday, October 23, 2009

India encourages gold to the public

In a previous blog, a TV commercial was shown depicting the Chinese government has been encouraging its citizens to purchase gold and silver. Gold coins and bars are available at Chinese banks and post offices.

Indian consumers, already the world's largest purchasers of gold jewelry, are also joining the gold party, but this time as an investment. The government is encouraging purchases of gold coins through 2200 banks and post offices nationwide. The coins are available in various denominations and weightings.

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