Profit

Gold likely to head lower, says Shiram Pitre of AnandRathi

PUBLISHED ON: May 17, 2013 | Duration: 4 min, 21 sec

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Shriram Pitre, senior vice president and head of commodity and currency research at AnandRathi, says there's heavy selling in gold ETFs globally, which is the reason for pricing pressures. Mr Pitre recommends selling gold and silver on the MCX and buying crude oil simultaneously.
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