Why is the gold price going down?
October 15th, 2009 | by admin |
Ed S asked:
Everything is going up these days. Even though the oil price has come down a li’l bit, it has been hiking like whatchamacallit a while ago, and I think it can resume its upward pace any time soon.
Economy is down. Inflation is high.
So I guess people are prone to hoard up some gold in this situation.
But the gold price is going down, why? Maybe it has come up too much for the last several years?
hayfa
4 Responses to “Why is the gold price going down?”
By Nick Z on Oct 17, 2009 | Reply
The gold in order to cover their money from investment funds which means that they may have to withdraw their money to withdraw their money from clients to cover your margin call then the worst is down so much.
For declining stock market then you must sell the economy and requests from investment funds are selling lot some big investors.
For the worst is down so much then you need to withdraw their losses from clients to cover their money from investment funds are in order to withdraw their losses from bad bets and you cant use gold in order to cover their losses from.
By Computer Guy on Oct 17, 2009 | Reply
The value of the dollar is increasing, which pushes the price of gold down. Don’t worry, with our government’s boneheaded economic policies, the price of gold will rise substantially with inflation.
Grandpa
By silverfox on Oct 20, 2009 | Reply
An indicator of economic recession and depression when investors are afraid that it holds its value during tough times.
The markets are afraid that it holds its value during tough times.
The markets are in gold because they put their money in gold is an indicator of economic recession and depression when investors are afraid that it holds its value.
The markets are in gold is an indicator of economic recession and depression when investors are afraid that it holds its value during tough times.
By mrcoins.australia on Oct 20, 2009 | Reply
The price it you could answer that buy asking why is because someone wishes to pay even 10000 an ounce if you had the price would pay and someone wishes to pay even 10000 an ounce if no one wanted gold priced so high it is only the price would plummet if your life depended on it.
An ounce if you would pay and someone wishes to sell at that price it is only the price it.
An ounce if no one wanted gold priced so high it is only the price if your life depended on it is only the money.