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Kotak Securities' Ravindra Rao expects a surge in gold prices; bullish on silver too

Updated : November 14, 2020 21:05:57 IST

Ravindra Rao, commodity head at Kotak Securities, on Saturday said he expects a surge in gold prices.

In an interview to CNBC-TV18, Rao said, "This will be a hat-trick year for gold again as we have seen two years of the constant increase of about 25 percent.

According to him, silver should outperform, "This year we might see around 32-34 percent of return in silver."
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