Gold vs Rupee

Discussion in 'General Trading & Investing Chat' started by VISHAL JAIN, Apr 4, 2007.

  1. VISHAL JAIN

    VISHAL JAIN New Member

    Joined:
    Mar 27, 2007
    Messages:
    15
    Likes Received:
    0
    Trophy Points:
    1
    Location:
    GUJARAT
    dear members

    can anybody explain straight relationshp between Rupee's value and gold prices?
    we can see now that gold is becoming cheaper at the time when Rs.is getting stronger than doller.Why..


    advance thanks

    vishal
     
  2. amarnath

    amarnath Guest

    To be simple Indian rupee is Antidollar. Strong rupee = buy more commodities with less rupees and if weak rupee vice versa
     
Loading...

Share This Page