Question:

Why the people still concentrating in gold?
are you sure the price of gold never come down

- Mustafa

Answer:

Price of gold is depending upon several factors. Currently, it depends much upon the uncertainty prevailing in the global economic environment. considering the depth of the European debt crisis, economists believe gold to hover at high price levels. This would continue as far as investors consider it as a safe haven to invest. If the economy stabilizes gold my come down. As of now, we cannot expect a major correction instead we may see some little ups and downs in the near future.


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