About the Comodity :

What’s common between tennis star Rafael Nadal and gold prices? Obviously the fall. If Nadal’s wins and the gold prices were linked, and if he’d won two of the four grand slams in 2013, the gold prices would have been at a majestic Rs 2,910 per gram (22 carat) in October 2013.

But the reality is that Nadal is struggling to get past the initial rounds of a grand slam and the gold prices have dipped to Rs 2,510 per gram.

image

The gold investors are a harried lot. A person holding 100 sovereigns of gold for two years, from 2013 to 2015, is poorer by close to Rs 3, 20,000 as of September 27, 2015.



Send inquiry