Just like the price of the essential commodities, the price of gold is also rocketing with out any control. As per reports the price of one sovereign has reached the astronomous amount of Rs. 17,960 more than Rs. 560/- of yesterday’s price. For a gram the price at present is Rs. 2215/- The rich are happy and they are purchasing it as a very good investment.
What about the common people. Gold is gradually getting out of his reach. In India, where gold ornaments are unavoidable to the bride at the time of marriage and other important functions, what the poor people can do now to fulfil the requirements. He has to take more and more loans and perish.
The Government is simply looking away. Of course, it is not worried about the crores of poor people but is more concerned with the rich, how to make more profit.