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Commodity Tip for Gold

Posted By On 1:58 PM Under

1. I get a number of queries that how much percentage of investment should be held in gold and my first answer is as per the age profile and second if one do not want to get into technicalities is 5% of the portfolio. Gold has a resistance at $900 and if this level is crossed one can see this commodity touching the levels of $987.

2. As a caution avoid going long in copper and aluminum as the outlook for these metals is bleak in short to medium term.

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