Impact on Gold Price
What factors influence the gold rates ? Trading in commodities is the most in thing recently after the financial crisis in 2008 had the share markets across the globe soar down. The crisis not only bought the markets to lowest possible levels with banks and even nations declaring bankruptcy but also that was the turning point in the history of the trading market. It permanently affected the markets all over the world and trading in some sense came to a standstill. The future of any trade was more unpredictable than ever. That is when the commodity market surged the best possible heights. Commodities like Gold and Silver made it through sky high rates in the mid 2010 when the average price for silver in the US was touching a high rate of $1100 per kg, whereas the Gold rates were approximately $400 per 10 grams. This is when the price was the highest and investment in these commodities flowed like anything. Gold being one of the major attractions in the US since time un...
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