Chapter 70: Gold

One of the main reasons why Shakru didn't go to the Padmanaba Swamy Temple was that he received a phone call this morning, which brought him very excited news, because the call came from Rajis Trading Company, India's largest jewelry processor, and they wanted to buy the 6,000 catties of ancient gold in Shakru's hands.

Although Shakru has stored all the gold chains in the bank vault, and there is no need to worry about security, he still hopes to get rid of the gold as soon as possible, and some of the gold in his hand is to preserve the value, but six thousand catties of gold is definitely far beyond the scope of value preservation, so he is very happy that someone is willing to take over now.

As for the leakage of the news, although he was not very happy, he also knew that this situation was unavoidable, after all, the amount of his gold was too large, and although the Industrial Credit and Investment Bank of India is the second largest bank in India, it is still inevitable that there will be many people, and it is impossible to leak the news at all.

When it comes to the love of gold, there is probably no country in the world more than India. India's love of gold has its roots in religion and culture. The majority of India's population is Hindu, and gold is a symbol of wealth and prosperity in Hinduism. In Hindu mythology, many gods wear gold jewelry, and Goddess Lakshmi, who is revered as the god of wealth, is depicted as a woman wearing a red sari trimmed with gold, with gold pouring out of her palms.

Gold is also an indispensable necessity in the life of Indians, both rich and poor in India, will buy gold, many Indians in order to buy gold to save money, even if they do not hesitate to make ends meet. The average Indian has gold stored in their homes to a greater or lesser extent, and it is not uncommon for the middle class to have four or five hundred grams of gold jewelry in their homes. In India, it is considered rude for women to go out without wearing gold jewelry. If you see a beautiful woman in India wearing gold jewelry, don't think that she is rich, there is a good chance that she is just well-off. Not only that, but Indian street beggars in ragged clothes also wear a small golden nail on the wing of their nose.

Indians like to use gold to express their worship and reverence for the gods, which also makes Indian temples store huge amounts of gold. Most of this gold was generously donated by Indian emperors and devotees, who came to the temple to pray, and when their wishes were granted, they often donated gold as a token of appreciation.

Of course, the main reason is that Indians see gold as a "companion for bad days", and gold is a portable wealth that can give them a sense of security and security. Indians buy gold as long as they have a little money, and farmers in remote villages use gold storage as the safest way to save money. Another major use of gold in India is as a decoration for holiday gifts and bridal gowns, and the gold jewelry that an Indian girl receives when she marries is all she can get from her family.

The huge demand for gold from the Indian people has also caused many problems for the government. India imports about 1,000 tonnes of gold every year. It is impossible to accurately count the amount of gold that is smuggled through the channel, and gold has always been the largest smuggled item in India. The influx of gold has greatly increased the trade deficit. In 2013, the Indian government raised the import duty on gold to 10% in order to restrict gold imports, but even record gold prices could not stop Indians from buying gold.

Because of the huge demand and the government's import controls, a large number of ready-made gold like Shakru will naturally attract the attention of jewelers, in fact, there are several jewelers who contacted Shakru after Rajus, but Shakru considered that Rajis was the first to contact him, and secondly, he is also the largest jewelry processor in India, and his acquisition ability should be more reliable than others, so Shakru decided to contact him first.

Early the next morning, in the café on the first floor of the hotel, Shakru met Imran, the vice president of Rajis Trading Company, and after greeting him, Imran cut to the chase and asked, "Mr. Pandit, I heard that you have a batch of gold that you want to sell?" ”

"It seems that your company first contacted me, I just deposited this batch of gold in the bank's vault, and then I don't know how your company learned about this situation, and then took the initiative to contact me and ask me if I have any intention of selling, because I know your company's credibility and prestige, so I came to talk about it today." The reason why Shakru wants to be more true is to maintain the initiative in negotiations, so even if he wants to sell in his own heart, on the surface, it has to be said that Rajs Commerce took the initiative to contact him.

Seeing that this little trap did not trap Shakru, Imran rolled his eyes and asked lightly, "Then I don't know what price you plan to sell at Mr. Shakru?" ”

Still unmoved, Shakru replied, "I still want to hear at what price your company wants to buy." ”

Imran was prepared for this: "Recently, the international price of gold has fluctuated quite a lot, ranging from $380 to $410 per ounce, and since Mr. Pandit, you insist on trading in US dollars, which will increase the difficulty of operation, so we decided to buy it at $400 per ounce. ”

Hearing this number, Shakru immediately stood up and said coldly: "Mr. Imran, if your company is so insincere, then I don't think there is any need for us to talk about it." ”

Imran hurriedly stopped him and said, "Mr. Pandit, don't go, if you are not satisfied, just say it!" ”

Of course, Shakru was pretending to be a gesture, so after Imran stopped him, he sat down, but his attitude was still cold: "Mr. Imran, although I am not engaged in jewelry processing and gold sales, since I want to do this business, I naturally have some understanding of this industry. You're right, judging from the international gold trend this year, $400 per ounce is indeed a very reasonable price, but this is the international price, our government's import tax on gold is 5%, and it may be increased this year, but there is no import surcharge on my gold, so you take the international gold price to talk to me, purely bullying me as a novice.

In fact, this is still a trivial matter, and there is another problem that my batch of gold is genuine ancient gold, which was dug up from the secret chamber of the Padmanaba Swami Temple, which has the power of hundreds of years of religious belief on it, so in addition to the value of the gold itself, the value of ancient gold must be attached, so the price of $400 per ounce is absolutely unacceptable to me. ”