3 Billion Ounces Silver Will be Purchased in 1 Month | |
| BullCrush (OP) User ID: 14154376 09/25/2012 05:09 AM Report Abusive Post Report Copyright Violation | 7 Big News for Silver & Gold Soaring High [link to carigold.com] Last Edited by BullCrush on 09/25/2012 05:15 AM |
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| Anonymous Coward User ID: 12230704 09/25/2012 05:17 AM Report Abusive Post Report Copyright Violation | MUMBAI(BullionStreet): India's central bank, the Reserve Bank of India ruled out banning gold coin sales by banks terming proportion of such sale is very small. According to RBI Governor D Subbarao, gold coins are a very small proportion of the total import of gold by the country and not a very big variable in that problem. He also ruled out stopping lending against gold as a segment but said the RBI does not permit it if the amount raised by the borrower is to be used for speculative purposes. [link to www.bullionstreet.com] |
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