"Gold demand just had its strongest ever first quarter"
This year’s first quarter is one for the history books. Not only did gold appreciate at its fastest pace in 30 years, but demand for the yellow metal was the strongest it’s ever been on record.
Demand surged 21% from the same period a year ago, according to the latest World Gold Council (WGC) report ....
Gold looking bullish from fundamental perspective. Majority of Big-Traders churning from Equity to Gold.
Technically, speaking Gold is on the verge of major uptrend and accelerate once crosses above 1300
Exit Nifty Soon Likely to Re-test 6800 Level.......Besides Technical charting weakness Keep in Mind Bexit Meeting, FOMC meeting & US Election. Switch to commodities.......GOLD