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Friday, June 12, 2009

Gold Declines as The U.S. Dollar Rises , Golden Opportunities NOW

The Strong dollar puts pressure on Gold , other precious metals drop to , Gold is seen as a safe heaven against the dollar fluctuations and the fear of inflation besides the increased liquidity in the system, Gold sells at around $950 this morning . a stronger dollar reduced demand for the metal as an alternative investment ...there are certainly a set of factors behind this drop of gold ...China has been lately stock piling in gold , which has reduced the availability of gold on the market , jewelry demand is soaring particularly out of India which is a big market for gold jewelry











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