Hello my friends.
Do you think that gold will come down in near future?
Do you think that the precious yellow metal will get rusty in coming weeks?
Do you believe that the value of gold will depreciate?
Think again, as Gold Eyes New Highs!
This week, the the gold hit a new high and went closer to the mental barrier of $1200 an ounce on trading on the starting day of this week.
If gold hits this new high, it will be very difficult to bring it down, to the lower level of below $1200.
On closure of last week, the Gold was being treated as a junkyard item and was traded at $1140 an ounce, but this week, it shot up almost $58.80 on trading in London, and Global markets.
It is a sheer estimate that mental barrier of gold price is not far behind and would be achieved within a day or two. It is also estimate that the traded price of Gold in open market would hsoot up to $1400 an ounce as dollar again stumbles.
Happy investing in Gold!!!
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