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Commodity Champions: Is this the right time to buy gold?

Global prices have been hovering above USD 1240 per ounce and experts are anticipating it to touch USD 1260 per ounce by end of this month and USD 1300 per ounce by end of this quarter. So is this the right time to buy gold?

July 21, 2017 / 18:13 IST
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Equity markets have been witnessing record rally in the past few months. All the key indices as well as large cap stocks have touched their record highs raising a caution over stretched valuations. In such a scenario, what should investors do with their capital? Should they stay put in stock market or look at other investment avenues like gold? The yellow metal has been shining for the past three weeks.

Global prices have been hovering above USD 1240 per ounce and experts are anticipating it to touch USD 1260 per ounce by end of this month and USD 1300 per ounce by end of this quarter. So is this the right time to buy gold? That's the question CNBC-TV18's Manisha Gupta asks to Adrian Ash Head-Research BullionVault, Laxmi Iyer Kotak Mahindra AMC, Chirag Sheth Research Consultant- South Asia Metals Focus and Jonathan Barratt CEO, BarrattsBulletin.com.

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first published: Jul 21, 2017 05:42 pm

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