
Gold prices saw a sharp runup in the last three months and were in an overbought zone. Now, in November, Gold has corrected almost 50% of its rally from Rs 67500 to Rs 80000. This is a good entry point for investing in Gold with a target of over Rs 85000 in the next few months.From the highs hit in gold price in October of Rs 81,480 per 10 gm, gold prices (24K) in Delhi today are trading at Rs 73,870 per 10, signalling a steep cut of nearly 10 per cent and most analysts see correction phase to continue
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