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In this article, we’ll review some of the biggest sources of supply and demand in the gold market today, with a discussion about the potential future or spot price of gold. First, let’s cover the upward pressures on gold prices. Pressures for the Gold Rate to Increase: Next, let’s…Continue readingWhy gold price is going up (or down)?
To summarize, the “positive” unemployment numbers are making the Fed and other investors change their outlook on the US economy at least a little. If the “good news” continues — and we highly are skeptical of this — then inflation will likely become a larger concern to the Fed…Continue readingHow Gold Could Severely Correct Soon.
Gold prices just fell like a rock this ultimate month — from $2050 in march to $1753 today. Something like $300 so far, and they’re still falling. This isn’t enough to ruin the market, but it’s enough that I’ve already been receiving emails from people asking what’s happening. On…Continue readingWhy Gold Prices Just Fell amid inflation.
Gold had a mixed day of trading on Tuesday as its morning losses later reverted into gains by the end of the day. The price of gold in the global market moved back over $1,800 an ounce, after a poor day of trading on Monday had pushed them under…Continue readingGold Prices Fluctuate, As Indian Market Falls for Second Day
rahuman asked: I wondering what is the reason behind the gold price drop ? Whether i can purchase some gold as savings now or wait for some more drop in price ? Beats answered: Buy now. The price of gold will only continue going up. Some analysts predict it…Continue readingWhy the gold price is dropping now ?
Classification of Gold as a Precious Metal Rare metals have higher economic potential than common metals. Of the five precious metals, gold has the largest market. Some investors refer to gold as a monetary metal because of its use throughout the history as a form of currency. Gold as…Continue readingGold Price Guide