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Investment Telephone: QQ Manager Liu
Hunan Weide Spot Investment, Hunan Weide Personal Agent, Hunan Weide Bulk Commodity Investment, Hunan Weide Agent, Hunan Weide Investment , Hunan Weide Silver Investment Promotion, Hunan Weide Company Agent, Hunan Weide Silver Agent, gold, silver, copper, fuel hydrocarbons, energy, palladium.
India is one of the world's top gold consumers and mainly relies on the international market to meet demand. Therefore, India's gold demand can influence the sentiment of the gold market to a certain extent.
On the evening of October 1, Indian Prime Minister Narendra Modi announced in a televised speech to the nation that in order to combat black money transactions, the two old high-face-value currencies currently circulating in the market, the rupee and the rupee, will be abolished. Before the end of this year, except for government-run hospitals, pharmacies and other places that will continue to accept the old currency, no other places are allowed to use it.
Modi said that these two old versions of currency with denominations will be completely banned from circulation starting from midnight on Sunday. Indian officials will issue rupees with higher security and anti-counterfeiting technology in due course and new currencies with rupee denominations. Deposit these two old versions of currency at the post office or bank from day to month and exchange the old currency for the new one. In addition, the Indian government has also set a withdrawal limit of rupees, which will be increased to rupees after March. Therefore, market participants believe that this will affect confidence in banknotes and business operations.
Hunan Weide Bulk Commodity Spot Trading Center investment hotline: QQ Manager Liu