Things such as the sharp fall in the gold become 1980
Things become like 1980
Experts believe that gold is going to rise in the last 11 days, he is going to be much longer, because the circumstances have become such as technical chart 1980. In the 61 months between the years 1980 and 1985, global gold prices was a decline of 55 per cent. Existing technical charts are beginning to become just the situation since September 2011.
Prices fell 44 percent in four years
Global markets from September 2011 until December 2015, gold prices have fallen nearly 44 percent. Revival of the economy, the business part of the increase in recycled gold and the dollar’s gains in the gold rally will not see in the long term. In addition, the government is focusing on the way the gold monetization and Temple Gold is also trying to get under it, even gold prices could fall further.
|The Decline (in %)|
7.5 per cent in 2015
So far this year, gold is up by 4 per cent in only 11 days. While the negative return of 7.5 per cent in 2015 gold had. Our Experts of Commodity told a major cause of the decline in gold prices further gold-silver ratio has increased.
Technical charts last 20 years, when compared to the gold-silver ratio as-is 80 per cent, then the price of gold began to decline. Experts has happened 6 times in the last 20 years, the ratio was around 80 at the technical chart, and then decline in gold prices. The gold-silver ratio was 72 in August 2015, which has now increased to 78. is. The fall in gold prices in the coming months there are signs.
Delhi’s business Dariba Jewellers owner Tarun Gupta, currently in the bullion market remains bullish. But the trend is the same recycled gold has also increased significantly. People buy gold on gold price volatility rather than to scrap the recycle more are pushing.
The US economy continues to strengthen the dollar has strengthened. Expert said, this year’s first quarter, the dollar index is up 109. The Fed is expected to increase by 25 basis points interest. The reason gold is increasingly being seen as unsustainable.
Things like gold would open in 1980, prices have come down to 25,000
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