sujithsstorock
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Physical demand is down by 20 % in gold,still gold price is rising . WHY?
Physical demand is down by 20 % in gold,still gold price is rising . WHY?
Recession doesnt mean that people are poor. it just means,the investment opportunities are less. So many people are sitting with millions of cash at hand,looking for place to invest.
Stock market is recovering .But still there is threat to bank failure all over.so one is interested to risk in stocks.
Only safe bet as an investment is GOLD. so people are buying gold as investment. investors are making gold price rise. who comprise 47 % of volume internationally
retailers or physical guys are helpless. as there volume in trade in newyork is just 12 % . rest is hedge funds,banks n other ETFs
Physical demand is down by 20 % in gold,still gold price is rising . WHY?
Recession doesnt mean that people are poor. it just means,the investment opportunities are less. So many people are sitting with millions of cash at hand,looking for place to invest.
Stock market is recovering .But still there is threat to bank failure all over.so one is interested to risk in stocks.
Only safe bet as an investment is GOLD. so people are buying gold as investment. investors are making gold price rise. who comprise 47 % of volume internationally
retailers or physical guys are helpless. as there volume in trade in newyork is just 12 % . rest is hedge funds,banks n other ETFs