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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Price Watch more

Why are gold and silver falling?

Posted on 28 November 2011

The euro-zone’s sovereign default risks and the interlinked banking crisis should have spurred gold prices on safe-haven buying. But from the high of $1,921.15/ounce in September, gold price has fallen by 13 per cent as the crisis in Europe escalated.
Silver has also had significant price correction. We explain the reasons for the correction and also what rupee depreciation means to Indian gold and silver investors………………………………………Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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