India opens largest diamond exchange

India has opened what has been called the world's largest diamond trading centre this week in Mumbai.

With the new state-of-the-art infrastructure, the country hopes to compete with other major exchange hubs like Antwerp and Tel Aviv.

Prerna Suri reports on how one of the world's leading diamond manufacturing centres is vying to take its place in the industry to a new level.

India may buy remaining 200 tonnes of Gold

Gold Rises to record on dollar drop, report India may buy more

Gold climbed to a record in London and New York on a further drop by the dollar and on a report that India may buy the remaining IMF 201.3 tons of gold


Articles :
Link 1 : http://www.thestreet.com/story/10633099/1/india-drives-gold-higher.html?cm_ven=GOOGLEN
Link 2 : http://www.mydigitalfc.com/commodities/gold-rises-record-dollar-drop-report-india-may-buy-more-447


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how long can the stock market be kept afloat by the FED?

inside information on the health of the stock market by Alex Jones while talking to Ted Anderson about CIT bankruptcy and the price of gold as India buys 200 tonnes of IMF gold
recorded on November 3rd 2009

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cit bankruptcy GOLD price india china stock market crash goldman sachs Max Keiser gerald celente bob chapman william black silver gold precious metals bullion dollar collapse economy FED federal reserve david morgan jim puplava peter schiff marc faber obama bernanke greenspan geithner recession depression inflation hyperinflation cramer don harold bear stearns JP Morgan India buys 200 tonnes of IMF warren buffett

India Will still Buy Gold despite the high price

Rozanna Wozniak, Investment Research Manager at the World Gold Council, breaks down India gold demand during this historically strong buying season.

High Gold Prices Dampen India Festive Season

Surging gold prices are set to dampen the festive season for the worlds biggest consumer market, India.

For centuries gold has held a timeless allure for Indian women, who like to showcase their best jewels on social occasions like weddings and festivals.
With mounting turmoil in the global financial system, Indians are sticking to their traditional love for gold as a safe haven investment. The commodity posted its biggest weekly gain in a decade last week, climbing by an impressive $1012 an ounce.
The passion of Indian consumers for the yellow metal has put India in the league of top importers of the gold for quite some time. But the soaring gold prices have restricted Indian people from buying the precious metal. Infact the recent trend shows that the ongoing financial meltdown has pushed Indian consumers more towards selling their gold holdings.



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