The love triangle – gold, silver and sensex: what would you choose?
-Sagnik Das
The very commonly common relationship of love has been built up since the last week in the Indian economic scenario.Since we know the positive and negative growing relationship in between the sensex growth, the dollar growth and the commodity market’s move, but now we experienced so far.As this correlation trends as the frame of three lovers in a single triangle, leaving the question-“who’s on a high edge?”
Since the last week, let’s take a glance at the moves: on 17th Oct sensex was at 9975, where the gold was at 12630 and silver was at 18200.Likewise, on 20th Oct sensex gone to 10223, along with gold at 12735 and silver at 18300.But the scenario turned up to a different situation when the sensex again gone well with 10683 points and gold price gone down .So there it is found that, there is an inverse relationship between the sensex and gold. Because people wan ...