Moneycontrol PRO

business

Gold will benefit from Obama's second-term: David Lennox

David Lennox of Fat Prophets explains to CNBC-TV18 that gold will be one of the beneficiaries of the Obama's win as the various measures that will be taken to address the looming fiscal cliff including the continuance of the QE3 programme, will keep the dollar weak and add strength to gold.

first published: Nov 7, 2012 01:54 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