Moneycontrol PRO

business

Gold may hit $1200 if Middle East tensions elevate: Lennox

Gold will probably react to further news coming out of the Middle East by rising. But there has not been a natural rise in demand. There was a spike in the December quarter, but that did not follow through. So gold could stay volatile and visit USD 1,200 again if the Middle East starts to become a little more subdued

first published: Jul 4, 2013 01:17 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347