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Gold prices have broken above the $1750 level and COMEX gold is currently trading around $1790/oz. Traditionally, the November-December season has been bullish for gold.
The main reasons for higher gold prices during the end- year are the wedding season in India, jewellery buying on account of Christmas in the US and the increased Chinese buying ahead of their new year………………………………………..Full Article: Source
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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more
Buy gold in November or watch prices go higher
| Posted on 09 November 2011 |
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Article link
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