बुधवार, 17 अप्रैल 2013

Gold price

Gold prices continue to crash: No need for Indian investors to worry?

After giving fabulous returns for nearly a decade, gold has done the unthinkable. It has actually declined in the past six months! What has turned this safe avenue into a loss-making investment?
The main reason for gold's short-term weakness is the rise of the dollar due to the economic crisis in Europe. The dollar has also moved up on the hopes that the US economy is emerging from its crises, which could nudge the Federal Reserve to withdraw the stimulus package earlier than expected.



  Tags:

    US economy
    US dollar
    The situation
    Shankar Sharma
    Rupee
    interest rates
    Inflation
    Goldman Sachs
    Gold prices
    gold price
    Gold
    George Soros
    Federal Reserve
    equities
    economy
    dollar
    Deutsche Bank
    careful
    bear market

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