Farmers chase FDs saying dump gold as investment option Leeladhar Rajput, a 48-year-old soybean farmer from Madhya Pradesh. Leeladhar says "Every year I try to buy 10-15 gm of gold using my surplus funds. I need gold because I have two daughters to marry off. But the falling rupee has made gold dearer this year. I am scared of the volatility and would prefer to invest in other instruments. Maybe, fixed deposit is a good option. Some banks in my locality have approached me with their financial instruments,"
Posted on: Fri, 06 Sep 2013 02:41:37 +0000
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