Gold is still the best bet for investors

Recent fall has been more on panic in markets and mirroring fall across commodity pack. After huge volatility, market could see some consolidation.

Global crisis may push gold prices to Rs 32,000/10 gms

From this Diwali to the next, we feel that gold prices should consolidate around levels of $1800/oz in the international markets and around Rs28,000/10gm in the Indian markets.