crude oil prices

The prices of crude oil may fall to 55$ bbl though it may not sustain and hover in the range of 70$ though it may take much time to reach 90$.All this is due to over supply in the market.So hold your breaths. 

80:20 gold scheme

The govt has taken a complete u turn and when traders expected that there would be more curbs on gold imports ,complete opposite has happened.The govt through the RBI has completely scrapped the 80:20 gold imports scheme and accordingly the premiums charged will reduce and result in fall in gold price. This scheme was promoting monopolistic trade practices. Kudos to the government and RBI and wait and watch what the government has for the precious metal in the days to come.
For furthur reference visit
http://m.rediff.com/business/report/govt-eases-curbs-on-gold-imports-scraps-8020-scheme/20141128.htm

Gold silver price physical delivery

05-Nov 13:30
Mum=25840/35550
Pune=25900/36000
Jalg=25840/35500
Ngp=25960/35800
Aurgbd=25950
G=1149.0/25524
S=15.51/34500

gold buy wait for now

The price of gold may be steady and get some support at the current level of rs 26300 per 10gms but if the price of dollar remains in rs 61 range then by end December the price may fall to rs 25500 per 10 gms or still below rs 25500 so it would be advisable to wait rather than buy. The price may range between 1080 $ to 1120 $ an ounce in international market by December end.