BULLION ROUND UP 2010

Research report by 'Kedia Stocks and Commodities'
     
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BULLION ROUND UP FOR 2010...


 


2009 is belonged to Metals, bullion, equity, foreign currencies, bonds and the emerging markets. Just about everything else posted a decline over this stretch or failed to produce a meaningful gain adjusted for inflation. Bullion shined brightest in terms of cost during 2009, in part due to Reserve Bank of India buying bullion from IMF, but as investment tools they were way behind the benchmark stock index Sensex that gave returns of over 80%. Standard gold crossed the Rs 18K-mark for the first time to a new intra-day trading peak of Rs 18,255 on December 3. Year-on- year, it was up by nearly Rs 3,500 or over 26% ten grams as on December 30 to close at Rs 16,910.


   
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