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.
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Jan 14, 2013, 01.28 PM | 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.

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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.

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Ashok Mittal (more)

Co-Head Retail, Emkay Global Financial Services | Capital Expertise: Commodities

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

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