business

Go long on gold, Rs 31,900/10 gm possible: Ventura

As gold prices rose to Rs 31,689 per 10 gm in futures trade today, N S Ramaswamy, Head CRM & Commodities, Ventura Commodities is expecting gold to show some rangebound trade with positive bias. He says, "the long side is preferred with a stop loss of close to Rs 31,460 per 10gm or Rs 31,450 per 10gm."

first published: Nov 19, 2012 01:12 pm