Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about investment in gold and silver.

Divide the commodity space into two, space number one which traders should buy for a bounce and pocket number second which traders should exit on every uptick and where the chart patterns have got seriously dented…

Gold is probably still the strongest commodity which you should buy on declines. In the last couple of days we did buy gold at lower levels. It seems that may be crude and silver are a bit weaker. So on declines try to get into gold but if the dollar starts rising again you will see them crashing once more. However, the uptrend in gold is sustainable so that is where you need to be going long. I would for the moment avoid long positions in crude or silver. Do not go short in them because they have already come down a lot but on rallies try to go short in crude. – Source: http://economictimes.indiatimes.com/