Jan 14, 2013 01:28 PM IST | Source: CNBC-TV18

Sluggish gold: Buy it at Rs 30,750/10 gm, says Emkay

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.

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.

Gold flat; platinum, palladium steady on econ outlook

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