Thursday, July 15, 2010

Gold "biscuits" selling like Hot Cakes in Mumbai

Shivom Seth

Monday, July 12, 2010

Mumbai – They are selling like hotcakes. Gold bars have been moving off the shelves in India’s financial capital, Mumbai, more than the trusty, old gold coins or jewellery. Commonly referred to as gold biscuits in the Mumbai market, gold bar buying in main consumer India appears to have resurfaced after a gap of nearly two month. As gold continues to break through the upside, Indian investors are investing in gold bars, for security reasons.  LINK...