Gold no more safe haven; may fall to $1450/oz: Commtrendz

T Gnanasekar of Commtrendz Research and Fund Management tells CNBC-TV18 that he believes the price of gold will fall another USD 100 dollars in the coming days.

December 19, 2011 / 16:30 IST
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After touching its lifetime high of USD 1,925 per ounce in September, gold has fallen over 20%, currently languishing around 1,530 per ounce. T Gnanasekar of Commtrendz Research and Fund Management tells CNBC-TV18 that he believes the price of gold will fall another USD 100 dollars in the coming days.

first published: Dec 19, 2011 03:00 pm

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