Tue, Jan 26, 2021
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Will Downward Trend in Gold and Silver Continue?

Posted on 15 November 2016

The gold market is going through some unusual changes right now. Although there is a surging demand from regions such as India, the overall gold price is crashing hard. In fact, its value dropped by 6% on Thursday and Friday, which is quite surprising. It appears that investors deem precious metals too”risky” to invest in right now.
It has not been a good week for gold bugs all over the world. Prices have dropped by as much as 6% this week, settling at a low of nearly US$1,220 per ounce. Experts seem to look at Trump’s election victory as the reason for this drop, although it looks like other factors are at play as well……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
January 2021
S M T W T F S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31