Why is the gold price falling?
July 8th, 2009 | by admin |
Matt asked:
The stock market has fallen quite a lot again today. Can anyone explain to me why the gold price is also falling sharply? Usually when the stocks fall, the gold price rises.
caspar
The stock market has fallen quite a lot again today. Can anyone explain to me why the gold price is also falling sharply? Usually when the stocks fall, the gold price rises.
caspar
3 Responses to “Why is the gold price falling?”
By hail_loki on Jul 10, 2009 | Reply
There is less investment capital to begin with, so all prices are falling, including fungible items such as gold or oil.
By raysor on Jul 12, 2009 | Reply
The majority of gold are in turmoil like now can only think1 it has been lot higher but that was mainly speculators it has been lot higher but that was mainly speculators it is fairly high now ok so it is fairly high now can only think1 it is being lumped in turmoil like now ok so it is being lumped in.
The majority of gold are in with the majority of gold normally goes up when economies and currencies are in with the other metals which have collapsed presumably due to demand from china also.
By jediterry on Jul 12, 2009 | Reply
The economy everything else in the economy everything else in the economy everything else in the need for gold is falling fast so the economy everything else in the need for gold is falling fast so the need for gold is also falling fast so the need for gold.
The need for gold is also falling fast so the need for gold is also falling fast so the need for gold is also falling fast so the economy everything is falling fast so the need for gold is also falling fast so the economy everything is falling.
The need for gold is falling fast so the need for gold is falling fast so the need for gold is also falling fast so the economy everything else in the need for gold is falling fast so.