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This Article is From Nov 11, 2020

Motilal Oswal: Gold Crackles This Diwali 

Motilal Oswal: Gold Crackles This Diwali 
A worker checks gold granules at the ABC Refinery smelter in Sydney, New South Wales, Australia (Photographer David Gray/Bloomberg)
STOCKS IN THIS STORY
Gold Intl
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Gold
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Golden Tobacco Ltd.
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Deccan Gold Mines Ltd.
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Goldstone Technologies Ltd.
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Gold Coins Health Foods Ltd.
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Senco Gold Ltd
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Golden Carpets Ltd.
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Midwest Gold Ltd.
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Sea Gold Infrastructure Ltd.
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Sungold Capital Ltd.
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Sungold Media And Entertainment Ltd.
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Laxmi Goldorna House Ltd
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Golden Crest Education & Services Ltd.
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Gold Line International Finvest Ltd.
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Golden Goenka Fincorp Ltd.
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Golden Legand Leasing & Finance Ltd.
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Shanti Gold International Ltd
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Ashapuri Gold Ornament Ltd.
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Goldiam International Ltd.
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Sky Gold Ltd.
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SM Gold Ltd.
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BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Gold in this year has touched an all-time high on both Comex as well as on domestic bourses.

The yellow metal consolidated after touching an all-time high of approximately 2085 dollar and approximately Rs 56,400, with the overall uncertainties providing a strong floor at lower levels.

A massive 40% return in just half year supported by strong fundamentals gives a boost to the metal is a very attractive scenario for the metal.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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