After hitting Rs 53,000, is gold headed for new highs or profit booking on the cards? - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

Post Top Ad

Friday, 18 November 2022

After hitting Rs 53,000, is gold headed for new highs or profit booking on the cards?

"We may see gold rallying albeit for a short term,'' said NS Ramaswamy, Head of Commodities, Ventura Securities. It will be followed by profit-booking as the expected rate hike of 50 bps in December is already factored in the recent rally," he added.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad