15.11.2016 - Will Downward Trend in Gold and Silver Continue?
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
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