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Gold price thaggindi , $ value perigindi


wjameshps

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5 minutes ago, wjameshps said:

1 oz $1900 change undi baaa..

Dropping because of hike in interest rates. As fed indicated more rate increase, prices might drop even more in short term.

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16 minutes ago, Konebhar6 said:

Dropping because of hike in interest rates. As fed indicated more rate increase, prices might drop even more in short term.

Ohh aithe , inka thaggochu anamata ...thanks baaa

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17 minutes ago, wjameshps said:

Ohh aithe , inka thaggochu anamata ...thanks baaa

Understand the basics of how gold and currencies move against interest rates. Take your decisions accordingly. Dig more and search for a previous period when Fed increased rates and what happened to gold prices. 

This will give a good clue of what could potentially happen.

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