People Have Restrictions To Buy Gold In India : Modi Government

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Chennai 1st December: Indian government has made a new shocking announcement for black money players. As per the announcement, One cannot buy gold without any proper documents and also their is limit which you should not cross.
Highlights:
1. How much a men can buy gold ?
2. How much a women can have gold in her bank ?
3. Will gold price drop in 2017 ?
4. Gold limit for Indian people's.
Indian men can have 100 gram of gold in his name, while a married women can have 500 gram of gold and unmarried women have a limit of 250 gram gold. As per the new rule, Government has rights to take your gold anytime if you cross you gold limit.
This seems to be a shocking one as many people's have invested a huge in gold. Also the price of gold is expected to go down in upcoming days which would hurt most of the upper-class people's.
While the lower and middle class people's will get benefited by this action, as their will be a huge drop in price of gold in upcoming weeks. Stay tuned for more news updates on India.
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