Motilal Oswal: Gold Crackles This Diwali
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Motilal Oswal Report
Gold in this year has touched an all-time high on both Comex as well as on domestic bourses.
The yellow metal consolidated after touching an all-time high of approximately 2085 dollar and approximately Rs 56,400, with the overall uncertainties providing a strong floor at lower levels.
A massive 40% return in just half year supported by strong fundamentals gives a boost to the metal is a very attractive scenario for the metal.
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