Tuesday 16 June 2015

Gold prices will fall, Waiting For Results



Gold is trading in a limited one. Greece's debt crisis is getting support gold prices, while on the other hand, US interest rates are likely to rise in the dollar is seeing strength. This causes the price of gold has been turned on. Comex 1183 with gold at $ 2 per ounce doing business. Increase in interest rates over the two-day meeting of the Fed getting started on Tuesday and Wednesday, when US interest rates rise, it may come to know. Abhishek said it all that made the whole year is expected to be faster in the dollar index , which slipped to $ 1,100 gold could . With a fall of 0.15 % on MCX gold slipped below the Rs 27,000 .

Investors are awaiting the US central bank ( Fed ) to raise interest rates in a decade when the first market decides . The Fed 's two-day meeting was Begun on yesterday and decided at the meeting which will be his announcement today . US interest rates are currently 0.25% . According to experts , given the US economic strong economic Fed may decide to raise rates .

Gold likely to fall strongly

According to A2Financial is expected to rise in the dollar by the end of 2015 . Indeed , the prospect of rising US interest rates , which would strengthen the dollar . $ 1,100 per ounce of gold in the international market is slipping . According to Commodity expert managing investor , to Rs 26,000 per 10 grams in the domestic market , gold could split.

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2 comments:

  1. Sell GOLD Aug Below 26860 TGT 26820 & 26770 SL 26903..

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  2. Great post thanks alot for sharing awesome gold trading news....
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