Did u see the rate of gold in the market? My God... Its Rs.967 per gram of gold. It has doubled in just 6 months. And thats not it.. it seems to be rising as fast as the heat in Chennai and predicitons are that it will reach as high as Rs.1500..:O
Okay now let me come to the most important questions. What is it about ornament gold that makes it so valuable. Why is it that people attach so much importance to gold. Agreed that it is the most malleable and ductile metal. Agreed that it is inert to most chemicals. But that does not make it so precious or does it..
Now what can we do about the price rise.... Well because of the price rise and the forecast people are buying more gold saying it is an investment. I think we shud boycott gold for sometime.. There are other metals too, that look good on jewellery..
Now dont get me wrong... I am just thinking aloud... wondering if we shud buy gold at all......