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.
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