Gold Master @ May 2011

Today gold price( based on chennai )1 gram - Rs.2108 ( 22 carat ). 166 Rs. increased when compare with March month(05-Mar-2011).

10 gram - rs.22665 ( 24 carat ) 2940 Rs. increased when compare with 05-Mar-2011.

There is no loss if you put in money in gold( as per 6 months of analyse ). The thing that you have to do is, have to buy when it comes low. That is in your hand only.

So even after 10 months, still the gold rate is keep on increasing..OK catch you at next analyse on gold rate..until bye from Gold Master ;)

This is comparison of gold rate with the following old update,

http://stock-jungle.blogspot.com/2011/03/gold-master-march2011.html

Date	Price
Aug-2010	Rs.1731 ( 1 gram - 22carat )
May-2011	Rs.2108 ( 1 gram - 22carat )
Aug-2010	Rs.18610 ( 10 gram - 24 carat )
May-2011	Rs.22665 ( 10 gram - 24 carat )

If one have invested Rs.10000 in gold(22 carat) on Aug-2010, He might have (Rs.12016) 20% of gain as of now. There is no loss even after 10 months.