Bullion update : 130% Return on Investment

Gold has achieved the target of $952 & moved on to $982.

Now it needs to see when gold can achieve the previous high of $1030.

The profit of a commodity trader who might have taken the action, as suggested in the post of 3rd july, is around Rs.80,000/- in two weeks i.e. almost 130% ROI. This kind of return in a slowdown :-) . So watch gold

Even investor who bought gold around Rs.11800/-($880) as mentioned in June post might be happy to see Gold @ Rs.13600/- ( $982).

I appeal to those friend to atleast donate 10% of their profit to CRY or any other NGOs who they consider the best.

Readers should draw their own conclusion & take appropriate action.

Disclosure: I have position or maybe trading in above said stocks/ commodity for myself/ family members / friends / Associates.

Please go through Disclaimer on this blog.