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Gold has reached $1250, what will be the future of this metel.

Created by : R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 06 21 2010 13:53:35 +0000
Keywords : gold has reached $1250 what will be the future of this metel.
Activity:  303 views;  last activity : 12 22 2010 08:32:48 +0000
 
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Gold will go up, & what will be highest level with in a year Vs gold will not go up
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Yeah i agree that precious metal will reach at their highest level this year. But it is early to say that Gold will reach at $2000 by this year. According to Present conditions, i think it will go up to $1500 - $1700 by this year.. And it also depends on financial crisis (Global meltdown)......
By Vipin Bhasin, Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.  06 24 2010 18:51:54 +0000
 
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First level I see is $1500 and next is $1700 and this may can be with in next 10 to 12 months.
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 12 22 2010 08:34:19 +0000
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sure, Gold will reach high level
By Shankar , CEO/MD/Director, Infosearch bpo Services  | 12 21 2010 09:54:01 +0000
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As long as the recession and the lack luster performance and riskiness of the corporate continues the Gold prices will rise.
By Krishnamurthy Prabhakar, Professor, Velammal Engineering College  | 12 21 2010 08:16:34 +0000
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Hello sir, Yes I believe that the yellow metal is making more news lately, and the bullion market is where people are investing in gold and other metals, apart from Gold and silver people are now investing in Platinum also, so yes surely gold will reach its highest level in coming days. There is too much of demand lately from people.
By Esha Johar, Risk Analyst, Irevna  | 06 23 2010 06:24:49 +0000
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Since the demand and supply matter for this metel, demand is always high.On the other hand the economic condition of the whole world, investers confidence is shifting from currency to safe haven Gold.

In my openion Gold may can touch $1800 to $2000 with in a year.
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 06 21 2010 13:53:35 +0000
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Gold might go up abroad spilling over its affects into India too. Then India doesn't have a secondary marjet for precious metals like COMEX or Commercial Exchange of California.

If the government can come up with an exchange like comex then it will be worthwhile investing in precious metals. Now here one has to satisfy with ETF golds and Mining stocks if available. Precious metal derivatives will be a good way to go.
By Mathew Cherian, Research Associate/Analyst, Western Michigan University  | 06 23 2010 09:15:07 +0000
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