Golden Day For IndiaI Gets a Bullion Exchange

https://www.moneycontrol.com/news/business/economy/iibx-will-enable-india-to-influence-global-bullion-prices-says-ceo-8907041.html

 India has the World`s largest holding of privately held gold.

This is , also , a National asset which comes in handy at the times of National emergencies like in 1962 China War , 1993 foreign exchange crisis etc, when common Indians gave their personal Gold to the Govt.

 

As the saying goes.

 

Q .What is the Golden Rule ?

A. He who owns the Gold makes the Rules.

 

There is a Saying in the World Bullion Markets

 

" As long as there are Monsoons and Marriages in India Price of Gold cannot Fall "