when the feel like being a bit bombastic
Gold, contrary to popular belief, is not an investment - it is a speculation. When the economy is limping, gold prices rise. When the economy is strong, gold prices fall. If the economy eventually recovers slowly but surely, gold will slowly but surely drop in price. If the economy should suddenly begin to recover strongly and rapidly, gold prices will fall through the floor.
If Greece defaults gold will FALL as investors sell risk assets in order to raise cash.
Domestic commodity markets continue to witness a fall in gold prices and silver follows suit. ... Gold prices down in futures trade on global cues.
Depending on the current gold market as of today Friday June 17th, 2011. A gold bar (1oz in weight)at todays prices would be worth $1613.41. Though in saying that the prices could rise or fall, with todays market it will definitely rise and the price will rise. This is good if you own gold.
Gold price changes daily. You can refer to newspapers or websites that provide daily gold prices.
Gold prices are rising for several reasons. These reasons include inflation, the depletion of gold, and excessive demand for gold. Economic Depression is also a leading cause of increased gold prices.
Hi. You can check Sarmaaya.pk for real time gold prices.
Prices for gold can be found at gold prospectors and gold traders and sellers. They value and price the gold depending on weight, caret and the golds purity.
One can find out what the prices of gold are today by checking the current gold charts from some gold experts websites, such as, monex or goldprice sites. The gold chart will list the latest or current gold prices and their corresponding value.
Prices in a collusive oligopoly are unlike to fall, because if prices fall that only benefits the consumer, so the firms will not do it. Also in a collusive oligopoly firms get together and FIX the prices, which answers the question.
Current gold prices are the highest they ever have been. They have never been this high in history.
Dear Sir, Indian Gold Prices are very much at par/Line with International Gold Spot Prices. We Call in Parity Price. However there are times when there is disparity in International and Local prices. 1) When International Spot prices spike/rally higher ub a short span of time, then the Indian local prices become discounted. This is because the demand falls down in India once prices rally and investors start selling Gold. This is the situation now at current. Local Gold prices are trading at a discount of 40/50 Rs. Per Gram compared to the parity rate of Dollar Spot Prices. 2) When International Spot Prices sell off/ Fall in a short span of time, Indian prices start trading at a premium compared to international spot prices. This is because there is a sudden rush of buyers into the market when prices crash thus increasing the premium in the local prices. This situation was when Gold was trading below $800 since August. This time due to the HUGE demand from India, There was a shortage of Supply from the international suppliers. Dear Sir, Indian Gold Prices are very much at par/Line with International Gold Spot Prices. We Call in Parity Price. However there are times when there is disparity in International and Local prices. 1) When International Spot prices spike/rally higher ub a short span of time, then the Indian local prices become discounted. This is because the demand falls down in India once prices rally and investors start selling Gold. This is the situation now at current. Local Gold prices are trading at a discount of 40/50 Rs. Per Gram compared to the parity rate of Dollar Spot Prices. 2) When International Spot Prices sell off/ Fall in a short span of time, Indian prices start trading at a premium compared to international spot prices. This is because there is a sudden rush of buyers into the market when prices crash thus increasing the premium in the local prices. This situation was when Gold was trading below $800 since August. This time due to the HUGE demand from India, There was a shortage of Supply from the international suppliers. IndiaBullion.com