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Will Gold cross usd $1033 again.

Created by : Niket Patel, Operations Manager, MCX Ltd  | 09 26 2008 17:57:22 +0000
Industry : Equity Research/AnalyticsFunctional Area : Derivatives(Markets)
Keywords : Gold Again USD Cross Gold Prices
Activity:  313 views;  last activity : 07 06 2010 20:18:09 +0000

Gold Price movements.

  
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Currently Gold is trading at near 900 usd. Looking at current scenario it will cross 1050 usd in short to med term b'cause of US financial crisis ,Inflation heading north worlwide. And Investors are preffering Gold as safe heaven investments.
By Niket Patel, Operations Manager, MCX Ltd  09 26 2008 17:57:22 +0000
 
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Due to condition of all the commodity market there is no chance to cross the limit in the future
By Mehul Shah, Head/VP/GM/Financial Controller Gremach Infrastructure Equipment & Projects Ltd  10 18 2008 18:00:08 +0000
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Hello friends, finally Gold crossed this level and what is ahed now?

Please suggest what is nex.What markets will take turn  and go down or will go up again/
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 12 24 2009 05:19:37 +0000
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About 9 months back i wrote here that Gold will touch $1200 for sure. Now see it has touched.And may cross $1300 in comming months.Silver will follow but be careful Silver is risky Gold is good.Happy trading.
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 12 02 2009 04:39:11 +0000
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Dear Friend  I WROTE EARLIER ALSO ABOt THIS .this will sure cross 1033 level but no body can pridict the time factor, now we expect a fall in comming days and to my mind it may can touch $750 may be little low.That is the point where investers should enter as buy.Thanks and regards,
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 04 01 2009 14:24:18 +0000
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coming devaluation of $, recession(Due to pumping of more $ as rescue packages), non availability of more secured securities in market, worldwide acceptability of gold over currency will definatelly take you to same level or even more
By Dushyant Hada, Territory Manager  | 03 31 2009 16:58:11 +0000
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If Gold crosses 987$-990$ successfully then ,the possiblilty of gold crossing the 1033$ is highly probable.
By suchita Ambardekar, Director on Board, Vir Rubber Products Pvt Ltd, Vir auto enterprises Pvt Ltd  | 02 25 2009 09:25:51 +0000
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This argument is totally wrong to my mind since it is seen as alternatecurrency so it carries the faith wordwide,every body trusts gold as safe haven in war conditions in terror attacks and industrial use and of course ornaments.I n my view Gold is the safest commodity to trade, to invest for short term as well as for long term.
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 02 11 2009 08:15:31 +0000
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Gold will definately cross this level, so maney reasons, one reason is investers confidence, second is demand n supply, third is terror attacks  and if we see the tecnical part it should touch $1200 around, in near future.
By R.K.MALHOTRA , Investment Advisor, Trainer and motivational speaker, WORKING FREELANCE  | 02 11 2009 08:06:53 +0000
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because of the up & downs in the Share Market the investers are seeking the gold market as the Secured to invest 
By Saquib A. Shaikh, Legal Services - Manager, Anchor Electricals Pvt. Ltd  | 11 22 2008 12:23:54 +0000
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because we have prolonged assumption with the abundace storage of gold for mythological time , rise of demand and decline of demand will not effect the price of gold , instead it will keep spiral up
By manish , Private practitioner/Lawyer, self employed  | 11 21 2008 18:50:19 +0000
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gold prices may go up because of its demand even after the prices gone up the demand stays as such
By Vinayarajan KV, Head/VP/GM-Sales, EP Tech  | 11 18 2008 08:15:36 +0000
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ya it is not a difficult, it all depend on investor mind they prefer to invest in gold,
By dhananjay , Business associate, BMA WEALTH CREATOR LTD.  | 11 17 2008 15:37:18 +0000
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Yes gold may cross 1033 levels and in indian market 15800
By Prashant Dhepe, Properietor  | 10 13 2008 10:18:51 +0000
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As a Safe Heaven investment and inflation concerns ,surely it will move upwards.
By Niket Patel, Operations Manager, MCX Ltd  | 09 26 2008 17:59:34 +0000
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As a Safe Heaven investment and inflation concerns ,surely it will move upwards.
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