Gold could touch 40000rs.

Gold yellow precious metal is safe investment in current market scenario worldwide ,many analyst and investor believe Gold price may be reach 40000 in next year so if investment in gold at current level in two part half at current price and half at any suddenly drop around 25000 ,if gold just reach 32000 by next year investor in Gold get a return of 25% return of their investment ,i don't feel any other investment much beneficial then it in current market and sentiment.

A report by commodity strategist at Bank of America Meryl lynch Mr.Sabin schels believe gold may trade between 2000 -2500 $ per ounce in 2012,as growing demand and interest in value invest in gold may grow demand and gold be safe heaven for investment.

If looking at report we see minimum 2000$ by 2012 and current price of rupee against dollar in india we see gold around 32000.

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Gold could hit $2500 in 2012