Gold vs Rupee

V

VISHAL JAIN

New Member
#1
#1
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
 
A

amarnath

Guest
#2
#2
VISHAL JAIN said:
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
Click to expand...
To be simple Indian rupee is Antidollar. Strong rupee = buy more commodities with less rupees and if weak rupee vice versa
 
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