if we all stops buying gold more than our usage
surely it will decrease
I do not think that the Gold Price will decrease in future
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Gold prices have been on the high rise for some years now, and no it does not look like gold prices will decrease in the near future.
The price of gold is expected to keep rising. This is because of the state of the economny, demand for gold, and the continuing decrease of the value of a dollar.
Let me explain by the example of a single man, Gold get stronger with weaker dollar price because A person keep its reserves in a $ or Gold, When $ get weaker than he want to get Gold in exchange of $ so demand for gold increases and its price goes high. And when $ get stronger then he again wants to get $ in exchnge 4 gold so the process reverses.
I do not think that the Gold Price will decrease in future
Pei thinnu
Hope So!!!!!!! try this site its useful http://gold-price-blog.info/
Gold prices have been on the high rise for some years now, and no it does not look like gold prices will decrease in the near future.
The price of gold is expected to keep rising. This is because of the state of the economny, demand for gold, and the continuing decrease of the value of a dollar.
the price to decrease
Let me explain by the example of a single man, Gold get stronger with weaker dollar price because A person keep its reserves in a $ or Gold, When $ get weaker than he want to get Gold in exchange of $ so demand for gold increases and its price goes high. And when $ get stronger then he again wants to get $ in exchnge 4 gold so the process reverses.
There will be a decrease in price and quantity.
The attributes of yellow gold are to hostage the minds of the people in the gold game, to raise and decrease the world price market to control the dollars in the world economic market, and to not employ the new generation's people!
The price of heating oil is expected to decrease.
The price of gold in Cairo dropped due to actions taken by the Central Bank of Egypt, particularly when it intervened in the gold market. This intervention was aimed at stabilizing the economy and controlling inflation, leading to a decrease in gold prices. Additionally, fluctuations in global gold prices and changes in demand also contributed to the decline.
When both demand and supply decrease, the effect on equilibrium price depends on the magnitude of the shifts. If the decrease in demand is greater than the decrease in supply, the equilibrium price will fall. Conversely, if the decrease in supply is greater than the decrease in demand, the equilibrium price may rise. If the decreases are equal, the equilibrium price may remain unchanged, but the quantity traded will decrease.