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Created by : Pravin Patil, Associate, Kotak Mahindra  | 02 21 2009 04:04:01 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Keywords : gold bull run
Activity:  265 views;  last activity : 07 06 2010 20:18:09 +0000

Now is it a time for gold to be on a Bull run?

 
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Yes Vs No
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If we look at the present market condition we would find that Indian rupee is weakening and the international prices of gold are rising. This is an indiacatin of gold being on a bull run.


By Pravin Patil, Associate, Kotak Mahindra  02 21 2009 04:04:01 +0000
 
Arguments in: "Bull run on gold"
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There is a difference between other commodities and gold, gold is a medium of exchange for a currency and if its price is rising it is a clear indication of a bull run.


By Gaurav Bhattacharya, Sr. Associate, HDFC Bank  | 02 21 2009 04:08:07 +0000
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I agree to the fact that prices for gold are rising but it is for every commodity leaving the petrol aside every commodity has their price rise, So I do not think that gold is on a bull run.


By Jyoti Rath, Sr. Associate, Barclays  | 02 21 2009 04:06:22 +0000
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