Fri, Aug 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

What’s next for gold prices?

Posted on 26 February 2013

With gold prices falling, investors are struggling with the question of whether the decline is a temporary lapse in an ongoing bull market or a sign of more trouble to come. In 2011, gold rose above $1,900 per ounce. As of Friday afternoon, it was trading at $1,575. In the last month alone, gold prices have slipped by 6.8 percent. Even with the recent dip, however, gold is still up 67 percent over the past five years.
Gold’s recent decline has a number of root causes. For starters, investors are slowly regaining confidence in the stock market. Gold prices, by contrast, tend to rise when investors are feeling bearish about stocks………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36221 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31