The situation in India is rather unique, especially when comparing it to China. In that part of the world, gold is being sold at a discount, instead of a premium.
During times of uncertainty, precious metals tend to become more popular, and by default, rise in value. This is especially visible when looking at the prices of both gold and silver.
Making matters worse is how this is not a standalone incident. Local sources claim that individuals have been sneaking into this land’s caves to extract gold.
The reason for this uneasy situation is not difficult to determine. When the coronavirus broke out, all malls had to close down until further notice.
The gold industry is constantly undergoing changes these days. China has been importing more gold than ever before, thanks to new banking deals to lease …
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