The figure 16,000 is ringing music to the ears of investors whose safest investment choice gold has set an all-time record of Rs 16,200 per 10 gram while the other option - stocks - are hovering around this level.
Standard gold and ornaments gained Rs 200 each at Rs 16,200 and Rs 16,050 per 10 gram, respectively, in the bullion market here. Sovereign also shot up by Rs 50 to a new high of Rs 12,900 per piece of 8 gram.
Tuesday, September 8, 2009
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