Why the gold price is dropping now ?

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 will hit $2000 in 2025. It will have days (like Friday) where it has a huge drop, that’s normal. think about it…..Gold is dropping a bit now , till price 1100 you may buy the gold

if you are looking for 1% to 10% per month, you can visit myfxfunds.com for more info. The price of gold dropped because the US dollar saw a large jump. I would not advise you buy gold now if you plan to hold it for more than a year, but if you plan to trade it, good luck!

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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