Paying top dollar

for your diamonds since 1980

Contact Us Today




Putting Faith in Gold

Posted on October 29th, 2013 by Goldman Buyer

The Indian government recently began digging near an ancient temple after a holy man said he dreamed 1,000 tons of gold was buried there.

After the man was told about the $40 billion treasure in his dream, he informed the Archaeological Survey of India (ASI), who hoped the discovery of the gold could save the nation’s economic crisis.

The excavation, which has sparked a lot of interest around India, started a couple of weeks ago. People have been gathering at the site to see if the man’s dream holds any truth. The site has become somewhat of a tourist attraction.

The project with uncover two 100-square meter areas beside the temple. The Geological Survey of India said there may be some metal bounty under the earth there, adding more evidence that gold may be there.

However, the state’s head archaeologist has warned that there is a chance no gold will be found at the site. Often, pottery and tools are found in these types of areas.

The people of India on average buy around 2.3 tons of gold every day, which is mostly offered to the gods or hoarded. This amounts to $52 billion in gold sales last year, over three times more than the United States sales of $16 billion.

India’s gold imports is seen as a major factor in the nation’s mounting deficit.

 

Courtesy of NBC World News
http://worldnews.nbcnews.com/_news/2013/10/18/21024581-india-digs-for-40-billion-gold-bonanza-based-on-holy-mans-dreams?lite

Tags: , , , , , ,

← Back

Customer Testimonial

Had a Great Experience

"I recently worked with Chicago Gold Gallery to design an engagement ring. From picking out the stone to designing the setting, it was a wonderful experience to say the least. Thank you so much for your help!"


Date: 07/22/2014 • 5 / 5 stars ★★★★★

Can't say enough about this place.

Recently took my family of 4 for a week to Chicago for a family vacation. We were on a limited budget but being lifelong Cub fans I thought it would be a great treat for my kids ages 7 and 10 to go to a game that we hadn't planned for...


Date: 07/17/2015 • 5 / 5 stars ★★★★★

Love this place!

Chrissy & Joe are all super friendly and easy to work with. I trust them and they will do whatever they can to help you including giving you advice on what you have or what you should look for. I won't ever go anywhere else and I've recommended it to several friends.


Date: 08/02/2015 • 5 / 5 stars ★★★★★

I would do business with them again

I had a diamond ring that I wanted to sell and they gave me top dollar for it. They were so nice and I would do business with them again.


Date: 07/17/2015 • 5 / 5 stars ★★★★★

Don't Hesitate to call...

I find that Joe at Chicago Gold Gallery consistently offers and pays more for my coins than coin dealers in Chicagoland. He's very nice and easy to deal with. Don't hesitate to call him and preferably visit him.


Date: 12/04/2015 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email: chgogoldgallery@aol.com

Hours: Mon-Sat: 9am-6pm

Especially Wanted

  • Broken Jewelry
  • Silver, Coins
  • Tiffany & Co.
  • Patek Philippe
  • Cartier
  • Rolex
  • Watches
  • Guitars
  • Bullion
  • Scrap Gold
  • Watches
  • Guitars
  • Bullion
  • Diamonds
  • Old Gold
  • Scrap Gold
  • Dental Gold
  • Sterling Silverware
  • Coins & Coin Collections
  • Antique & Modern Jewelry