How is the current investment scenario in bullion market?
Prithviraj Kothari: The bullion market in India is mainly driven by overseas fluctuations in the US interest rates and currency movements. Till recently, gold had been a primary choice of investors for investments, but currently the prices are valued at higher side. In the US markets, currency is appreciating and equity markets too are showing improvements. Considering this fact, gold prices may remain range-bound and return should be on a lower side. CO: How much return should one expect from gold investments? Where the prices are seem to be heading to? Kothari: Gold is now becoming less yielding considering the global outlook. One should expect an average return of about 6-9% on gold investments. Looking at the upbeat investment scenario across the globe and stock markets being positive, I believe that gold prices may touch USD 1050 per ounce in the international market. CO: What is your view on gold being as a potential investment option for better returns? Kothari: Looking at the c
Related Questions
- Hollywood studios have entered the Indian film market but except Fox Star Studios’ investment in My Name is Khan, none of them have tasted success, how do you analyse the scenario?
- While downturn is deepning, Can Bullion be called as the Safest Investment Avenue in the current market scenerio?
- What are the limits for investment in Indian Capital Market?
