Gold may fall to Rs 20,500

indian-gold-jewellery-design-wallpapers-543Market experts said that 10 grams of gold may fall down to the level of Rs 20,500. But the India Ratings and Research company made it clear that this is possible only if the Federal Reserve raises its rate and there are less chances that American Reserve Bank will increase the interest rates. This trend continues so long as the international growth is indecisive but the demand for yellow metal is up in China and India and then the metal’s 2011-12 status is estimated to be retained in both these countries.

Medaram Jathara

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