Gold shot to a record high on Wednesday riding on dollar weakness and mounting worries about potential inflation.
NSE Tips for Stocks
Spot Gold hit a historic $1048.20 an ounce before trimming down to $1041.95 an ounce. It was quoted at $1040.85 late in New York on Tuesday. The demand is almost exclusively from the investment side said Eugen Weinberg analyst at Commerzbank. As long as there is no rally in dollar strenght will remain same in the Gold.
Related Pages :
