homevideos Newsmarket Newscommodities NewsKotak Securities' Ravindra Rao expects a surge in gold prices; bullish on silver too
Kotak Securities' Ravindra Rao expects a surge in gold prices; bullish on silver too
Ravindra Rao, commodity head at Kotak Securities, on Saturday said he expects a surge in gold prices.
Ravindra Rao, commodity head at Kotak Securities, on Saturday said he expects a surge in gold prices.
In an interview to CNBC-TV18, Rao said, "This will be a hat-trick year for gold again as we have seen two years of the constant increase of about 25 percent.
According to him, silver should outperform, "This year we might see around 32-34 percent of return in silver."
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Mark Mobius reveals how markets will react if NDA wins 400+ Lok Sabha seats
May 15, 2024 8:09 PM
Wine shops and bars to remain shut for 4 days in Mumbai in 4 weeks, check details
May 15, 2024 7:52 PM
INDIA bloc will win majority seats in Bihar, says Tejashwi Yadav
May 15, 2024 4:20 PM