Dear All,
Gold To Fall Near Term. Due to liquidity crunch, investors may sell gold for cash.
Base metal prices will trend lower for the rest of the year unless policymakers make progress on tackling the euro-zone debt crisis
Indian shares may open down Tuesday on concerns over slowing corporate sales and profitability after industrial output in October contracted for the first time in 28 months. The rupee touched an all time of 52.84/$ signalling towards a decline in overseas investments.
Shares may also open down after Fitch Ratings joined Moody's Investors Service reiterating risks of negative rating action in Europe in coming months overshadowing the fiscal agreement reached by region's leaders last week.
Thanks and Regards
Rohit Saxena
Losers say it is hard and impossible, but winners say it is hard but not impossible." Rohit Saxena
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