The Daily Bell
February 22, 2013
India and Vietnam: Taking the Glitter out of Gold … When uncertainty reigns, investors all over the world turn to gold as a safe haven. But some countries are starting to take issue with their residents’ preference for storing wealth in gold bars, rather than bank accounts.
Large gold imports can throw of a country’s current account balance – the difference between what a country earns and what it spends on foreign trade.
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