India’s central bank has just purchased 200 tonnes of gold from the International Monetary Fund. The 6.7 billion dollar purchase surprised the markets and was the biggest single central bank purchase over such a short period over the last 30 years.

The IMF plans to sell about 400 metric tonnes of gold this year in order to increase its finances and increase lending to developing countries.

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Gold prices rise and fall dependent to the future financial outlook. Unfortunately with the high debt to income ratio of many of the worlds biggest countries, the future outlook looks bleak indeed.

During a climate of high inflation having a substantial investment in gold can be a very good idea. The trick is to buy gold before the prices substantial increase. Investing in gold coins can be a safe alternative to other types of investments that can be adversely effected by rapid hyperinflation and diminishing paper currency valuations.

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