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Expect gold to test $1,600 level in 2020, says commodities market expert Kunal Shah

Updated : December 31, 2019 03:24:09 IST

Much of the strength in gold and silver came from continuing global uncertainties.
Gold would be somewhere near Rs 42,000 level while silver would be in Rs 52,000-53,000 bracket on MCX in 2020, said Kunal Shah of Nirmal Bang Commodities.
Shah said that gold will rise in 2020 mainly for two main reasons-- stronger central bank buying and second was weakness in dollar.
Published : December 31, 2019 03:11 PM IST

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