Thinking of buying gold as it hits 5 years low. ahh most of the market annalists thinks its time to wait and watch as gold may see more bottom and chances are very less for gold to recover soon. Most of the investors are staying away from the gold and going for equity market.
Still lots of people are seen in the gold shops in most of the cities in India. As for most of them gold has reached the buying temptation zone. There is no doubt that gold will remain gold and won't turn in to copper or silver. The inquires amongst the consumers are increasing, specially womens. As we are nearing to the festive and weeding season ahead.
But still most of the market annalist are believe to wait and watch due to international market uncertainty.
Still lots of people are seen in the gold shops in most of the cities in India. As for most of them gold has reached the buying temptation zone. There is no doubt that gold will remain gold and won't turn in to copper or silver. The inquires amongst the consumers are increasing, specially womens. As we are nearing to the festive and weeding season ahead.
But still most of the market annalist are believe to wait and watch due to international market uncertainty.
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