Friday, January 4, 2008

Gold touches record high of Rs.11,020 today

Phew! Gold will glitter more from today. It touched an all time high and crossed the Rs. 11,000 mark in the Delhi market. And this bull run has been supported by various factors like weakening dollar, rising oil prices, political crisis, US sub prime crisis.

And if all the analysts are to be believed there is no slowing/stopping here since if none of the above factors are changing then gold will continue to be dearer. This is pretty much on the lines of what my previous post had suggested.

So can we say "Now's the time to Invest in Gold" ?

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