Gold dip: Is it time to hit the sell button on gold?
Sustained weakness in overseas markets, causing gold prices to witness the worst two-day loss in 30 years, continues to put pressure on the commodity's prices back home. Has the time come for India, the biggest importer of gold, to move away from the yellow metal? Experts, Gnanasekar Thiagarajan, director of Commtrendz Research; Stephen Pope, Managing Partner at Spotlight Ideas; Chirag Mehta, fund manager of Quantum Gold ETF; and Rajesh Mehta, executive chairman of Rajesh Exports, discuss the alarming steep fall in gold prices and whether the commodity is no more a safe investment.
