India invests in the gold rush
- BBC
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India invests in the gold rush
The price of gold has touched a new all-time high as the precious metal becomes increasingly attractive compared with the weakening US dollar.India's government recently made a landmark purchase of 200 tonnes from the International Monetary Fund - the single biggest gold purchase by a central bank in the past 30 years.It has now decided to purchase more gold reserves indicating a move away from the dollar.Delnaaz Irani reports from Mumbai.
BBC | November 10, 2009
