Gold Zooms to $ 1000 and above
The global financial and economic crisis has boosted the buying for the yellow metal as safe investments for investors and has crossed the $1000 per ounce and continue to hold this level. The MCX gold April istrading at Rs 16000 per 10 grams and expected to touch Rs 16500 levels. This sharp rally has brought gold to a over bought zone, Hence book partial profits and buy on dips will be the best strategy for the time being.
BSE, NSE Stock Ticker, India
Friday, February 20, 2009
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