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Worth its weight in gold?

Piyush Goyal made a mistake, saying 1 kg of gold could be bought for Rs 50,000

Business Standard 

Piyush Goyal
Union Power Minister Piyush Goyal

Those who do not shop for their wives may get confused with the prices of precious items. Power Minister (pictured) is no exception. At an event, he said one kilogram of could be bought for Rs 50,000. Realising his mistake, he said he got mixed up because he did not buy gifts for his wife. Probably, it would be just 10 gm of gold, he corrected himself. Actually, 10 gm of costs around Rs 28,000. This means the price for a kilo of comes to Rs 28 lakh.

First Published: Wed, August 09 2017. 22:39 IST