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Gold vs Rupee

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  #1  
Old 5th April 2007, 12:35 AM
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Question Gold vs Rupee

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


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  #2  
Old 6th April 2007, 10:21 AM
amarnath
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Default Re: Gold vs Rupee

Quote:
Originally Posted by VISHAL JAIN View Post
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
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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