Description: One man had 302 grams of gold dust pasted into his pants worth about $20,000, authorities in one of the world’s biggest gold markets said Source: MarketWatch.com
Date: Sep 01, 2021
Questions for discussion:
- What does this report teach about pricing as it relates to the forces of supply and demand?
- Why would the Indian government restrict the import of gold?
- How would you expect consumers and businesses using gold more production to respond to higher gold prices?