Because pickles
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.
I do not think that the Gold Price will decrease in future
as with any product, prices will fluctuate with demand and supply. if the demand increases or supply is reduced, prices will rise. if demand falls or there surplus supply, the opposite also occurs.
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.
Prices in a free market are a measure of scarcity and desirability. Something that is scarce and desirable - gold, for example - will have a high price. Something that is common but still desirable - bread or beef - will have a lower price. As the scarcity or desirability of an item increases, the price will increase.
Gold rates decrease when there is reduced demand for gold or increased supply in the market. Economic factors such as a strong dollar, low inflation, and rising interest rates can also cause gold prices to drop. Additionally, geopolitical stability and positive economic data can drive investors towards riskier assets, leading to a decrease in gold prices.
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.
I do not think that the Gold Price will decrease in future
as with any product, prices will fluctuate with demand and supply. if the demand increases or supply is reduced, prices will rise. if demand falls or there surplus supply, the opposite also occurs.
it wil decrease, better to post.... buying the gold
Yes.
well since the rupee is appreciated in the past two days due to the electoral win of congress(UPA). the gold price has come down. But it wont go down drastically. it will float around 14000/10 gm. thanks
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.
gold prices are determined on the basis of stock market.
One can only speculate as to whether the gold rate will increase or decrease in a daily basis. Looking at trends and other information can give one a good idea of which way the gold rate will go, but it is no guarantee.
Gold rates are influenced by various factors such as global economic conditions, geopolitical events, and investor sentiment. Predicting a decrease in gold rates can be challenging as it is a complex and volatile market. It's advisable to closely monitor market trends and consult with financial experts for more accurate insights.
Prices in a free market are a measure of scarcity and desirability. Something that is scarce and desirable - gold, for example - will have a high price. Something that is common but still desirable - bread or beef - will have a lower price. As the scarcity or desirability of an item increases, the price will increase.