Vinod's questions beg no answer. All his questions are coming out of simple logic and recent facts, not out of economic statistics. There is a large media hype out there, aping the western practices. Gold has only limited value in times of inflation, with the biggest plus point is that its purchase cost price will never nosedive. There is unbridled speculation in the commodities including the metals. The current price level of gold is unmaintainable.
