Commodity market expert, T Gnanasekar, Director of CommTrendz Research and Fund Management shared his outlook on gold and Nymex crude.
T Gnanasekar of CommTrendz Research and Fund Management spoke to CNBC-TV18 about his views on the commodity space.
T Gnanasekar of Commtrendz Research and Fund Management says, gold prices are expected to rise either ways because the Fed has announced that they will keep the interest rates low for sometime till 2014.
T Gnanasekar of Commtrendz Research and Fund Management tells CNBC-TV18 that he believes the price of gold will fall another USD 100 dollars in the coming days.
Kunal Shah, research head - commodities, Nirmal Bang Commodities says, “The fundamentals of oil have become very bearish. I look to sell oil between Rs 4,180-4,200 per barrel with the stop loss placed above Rs 4,250 per barrel and expect prices to drift lower and test levels of Rs 4,100-4,080 per barrel during next week."
In an interview with CNBC-TV18, T Gnanasekar, Director, CommTrendz Research and Fund Management says, the rupee is headed to 44.95 in the near-term. “If the risk aversion continues and if other factors also favour, rupee could further go ahead and cross 45 also in the medium-term,” he adds.
In an interview with CNBC-TV18’s Latha Venkatesh, T Gnanasekar, Director, CommTrendz Research and Fund Management, speaks about the Indian rupee and gives his outlook going forward.
T Gnanasekar from Commtrendz Research and Fund Management in an interview on CNBC-TV18 spoke about the movements that the rupee has seen off late and what kind of strategy he has outlined for the day.