Mr. Prithviraj Kothari, MD, RSBL -Waves of disappointment for the market

As we discussed last week that this week had a bundle of surprises for gold of which the US employment data was the biggest surprise. There were mixed sentiments in the market post the data release. Investors believed that the jobless claims would be much high compared to June.
Moreover Fed Chairman Bernanke’s statement over the stimulus plan created even further confusion.
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