The price of gold and forecasting any future target price has invariably been the subject of numerous confidential discussions among central bankers; however, if the level of interest in the price of gold is any indication of what is to happen in the future, perhaps it would be a worthwhile observation to follow the trend of the “smart money”.
By Kishori Krishnan Exclusive To Gold Investing News Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday. Not to worry though, for bullion, which touched $971.68 an [...]
Gold future prices slipped by 0.39 per cent on the Multi Commodity Exchange today, as speculators indulged in reducing their positions amid weak global trend. For full story, click here
Gold futures traded marginally higher in early trade on the Multi Commodity Exchange on soaring purchasing by speculators global trend. For full story, click here
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