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Gold forecast - will fall to $1200-1250 (Rs 23000 per 10gm).

USD1200 be the level at which gold can be bought for very good returns. It will go above $2500 and more in the long term.




As we can see, in the last 10 years, gold has been formaing a pattern of rises and falls. The fall is equal to approximately 50% to 65% of the rise. then the rise happens to about 3 times of the last fall. Thus in the current cycle which began around early 2010, gold has risen $1000 hence a maximum fall of 65% or $650 from $1900 level is expected which is around a level of 1250. Thus a good time to invest in gold will be around $ 1250. 

Also see:
 Foreing exchange reserves of countries and what percent of the amount is in Gold holdings http://drkhalid.blogspot.in/2013/04/foreing-exchange-reserves-of-countries.html

Gold forecast - when will the fall stop and gold rise again?
http://drkhalid.blogspot.in/2013/04/foreing-exchange-reserves-of-countries.html#!/2013/04/gold-forecast-when-will-fall-stop-and.html

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