Gold/Silver and their Importance for an Economy and an Individual

Price of gold (and silver) is going up recently. The price of gold has risen from under 40,000 rupees per 10 gram to 54,000 rupees in these few months time. Internationally also price of an ounce of gold has breached historic US$2000 level.

What is driving prices of gold and silver higher in India and around the world? What is the role and importance of gold and silver in any economy and in the lives of individual Indians and other people around the world? In this episode of Mises Interviews international investment advisor Mr. Jayant Bhandari answers these important questions.

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