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Sunday, January 01, 2006

Buy Gold Coins in India

Indian Overseas Bank (IOB) has announced it plans to sell gold coins. The bank's Chairman and Managing Director, T.S. Narayanasami, estimates the income at Rs 10 crore in the first full year of the plan's implementation reports sify.com in an article titled IOB to sell gold coins.

sify.com reports Narayanasami said, "Gold was turning out to be a good investment opportunity and many would be willing to buy it as the purity is assured by the bank."

IOB will probably announce when you can buy gold coins from them in their new products alert section located at the bottom right hand corner of the Indian Overseas Bank website.

goldprice.org provides more information on how to buy gold coins here.