Gold and silver witnessed turbulent trade this week as on August 12, where gold tumbled 3.4 per cent (worst daily drop since 2013) below $1,900 and then recovered and gained as much as 2 per cent, thus giving a single day move of almost 6 per cent, which is very much unheard of. Gold recovered Rs 2,245 from day’s low while Silver recovered Rs 6,030 from day’s low. It seems prices take stairs on the way up while take escalator on the way down. This can be explained that it took nine trading session for gold to climb from $1,900

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