Archive for March, 2015

Gold and oil down, but which will rise in the near future?

Wednesday, March 11th, 2015

Gold news

This morning online commodity traders woke to a fresh shock, another price drop in gold, a new four month low, completely wiping off all profits made in 2015. This was the seventh consecutive day of trading loss. Gold futures for April fell to $1,160.10.

Reasons for pressure on gold

The world economies are slowing, inflation is low, and gold has always been used as a hedge against rampant inflation.
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