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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.

January 14, 2013 / 13:28 IST
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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

first published: Jan 14, 2013 12:39 pm

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