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Wednesday, July 17, 2013

Gold Prices Down Again Buy Buy Buy Again and Again

The decline in the international market due to sluggish domestic market has gone gold and silver. I strongly today in RS as well as the domestic market is showing pressure on gold and silver. With 0.4 per cent Comaxs gold has come down to $ 1,280. 19.7 silver dollar slipped to 0.5 per cent fall. Crude oil slipped 0.3 percent to $ 105.6 Nymaxs arrived. Rs 26,450 per ten gram gold price today, gold is slightly cheaper tomorrow. The MCX gold with 0.25 per cent has come down to Rs 26,400. About 0.5 per cent while silver is trading below Rs 40,800. 0.25 per cent of the MCX crude oil is trading at Rs 6,300. Natural gas rose 1.5 per cent is trading above Rs 217.

Will reach 20 thousand gold

Of course this has come at the cost of increasingly international market and are knowledgeable raising fears of a decline in gold again. But, how about the trick of gold in the domestic market, there is consensus on this Market. Rising gold prices in the domestic market speculation has increased to Rs 20,000. However, the weakness of the rupee against the U.S. dollar in the domestic market has not fallen much sleep.

Now everyone will get the same price 'gold'

If the gold in Mumbai individually have trouble spot price range, then you now consider this problem is going away soon. Mumbai is one of the 15 dealers together are developing software that includes all dealer - their gold prices will feed into the software. All prices will average price of software. All dealers must feed every minute price of gold. All this work is being done under the supervision of the Bombay Bullion Association.




Nobody is buying cheap gold

Control by the government to import the yellow metal is beginning to show the impact of measures taken. In June this year the import of gold and silver was down to $ 2.45 billion in the current year is the lowest. Director General of Foreign Trade Anup Pujari said here that the measures taken by the government since the decline in imports of gold and silver. Growing trade deficit in the current account deficit will be less. Fnrvri January in the current year in April and May, imports of silver and gold, respectively, $ 7.4 billion $ 5.7 billion $ 3.3 billion $ 7.5 billion and 8.4 billion.

Declining demand for gold

The biggest reason is the demand prices. While demand for gold is falling now. This year, nearly 583 tonnes of gold in gold ETFs have been sold. Most people are removing money from gold. In June, sales of gold coins in the U.S. has declined drastically. Forex market is closely linked with gold. Increasing the credibility of the dollar, then gold will fall in the U.S. of course. How about money at such a move, this is the big question.

The greater the risk of falling gold prices


Online 'gold buying new Formula

The government is concerned about the import of gold on the other websites to sell gold new - are new ways. Snap deal shopping site offers people buy gold coins by sending an email giving. Even being given a discount for buying coins. Snap deal branded companies giving offers to sell gold coins. These coins also make an offer to buy EMI Snap deal. Even if EMI and the interest will be and must not have any processing fees. Shopping Snap deal not only on other websites, you will get to see such advertising.

'Gold' will reform the economy so do not!

Also several areas where investment can be achieved by investing more income. Logo in gold investment in the belief that the only source of income is better. To think they are buying gold in rupee logo, but the reality is that it is imported and the import arena spend the dollar.

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