25.11.2015 - Gold Prices Hit Six-Year Lows: Should You Buy?
Gold prices, under severe pressure along with other commodities such as silver, platinum, crude oil, copper and steel, traded near six-year lows amid a glut and sluggish demand. The slump in gold prices has been driven by a stronger dollar, analysts say. Here are 10 things to know about the sharp fall in gold prices: 1) Gold prices languished near their lowest level in six years on Tuesday. Spot gold traded at $1,070.30 an ounce by 09.00 a.m., not too far from last week's low of $1,064.95, which was the weakest since February 2010...............................................Full Article: Source
Print