Silver and gold have both performed well in December. While overall view is bullish, be careful in taking new positions in silver and gold, specially silver, at current levels. Defence sector is looking safe. We have positions in modefence etf from 82 83 levels.
Cont'd.
Will start taking positions slowly in goldbees, cmp 125 and silverbees, cmp 236 from today. Silver can find a decent support around 1.8 to 2 lac and gold around 1.3 to 1.4 lacs. Buy in staggered mode and not in one go suggested.
Will start taking positions slowly in goldbees, cmp 125 and silverbees, cmp 236 from today. Silver can find a decent support around 1.8 to 2 lac and gold around 1.3 to 1.4 lacs. Buy in staggered mode and not in one go suggested.