Wednesday, February 18, 2009

Today gold zooms to Rs15,650/- per 10 gram

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I think we should purchase gold rather than share from money market. Today gold zooms to Rs15,650/- per 10 gram.

See below news on rediff.com


I
n these trying times when the global economy is reeling under a recession and investors are losing billions in the stock markets, gold has proved its mettle as a healthy investment option.

The price of the yellow metal surged to set a new peak at Rs 15,650 per 10 gram in opening trade in New Delhi on February 19 on brisk buying triggered by a firming global trend.

The precious metal, which is on a record setting spree for the last few sessions, shot up by Rs 230 to Rs 15,650 per 10 gram in tandem with its continuous rise in Asia since July.

source: rediff.com

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