Wednesday, December 14, 2011

Gold Price may fall deeply now

Gold cracked from Rs 28,300 per 10 grams, down 3.8% yesterday and fell 8% for the week. As Per Expertise , Gold price continue to fall may come down up to 24,000 in India.

Although if Gold falls it may bring some rally in equity market. But That would only be a bear market rally. Good Point to exit.

Ultimately Nifty may come down to 4000 also in year 2012.

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