Gold has been very sluggish these last few days. Spot gold traded nearly flat on Monday and platinum group metals extended gains as investors await a string of economic data this week to gauge the health of the world's top economies.
In an interview to CNBC-TV18, Ashok Mittal, CEO, Emkay Commodities says gold and silver have been struck in narrow range for some time now. He advises to buy gold Rs 30,750/10 gm, with a stop loss of Rs 30,600. ‘The overall trend is likely to remain upside,” he explains.