Gold is fast losing its sheen. After almost a decade of one-sided move- upwards- the yellow metal has been beat down nearly 20% in value over the past two months. CNBC-TV18 catches up with Kishore Narne of Anand Rathi Commodities to figure out what he thinks of where the precious metal is headed.
Below is the edited transcript of the interview. Also watch the accompanying video. Q: Is this a starting of a bear phase, is gold an avoid?A: I think we are in an era of end of free money. QE1 and QE2, which had actually pushed up gold prices, have now ended, and there is no fresh liquidity flow into the system. So until and unless you don
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