Gold Prices Are Decreasing Slightly

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Gold spot prices declined more than 1 percent in trading in Asia. Starting this week, investors chose to invest their money to the assets which are more risky.
In trading which was done on Monday (8/15/2011) gold spot price touched a record from 1814 U.S. dollar fell to 1732.5 U.S. dollars per troy ounce (31.1 grams). Gold prices fell about 13.80 U.S. dollars price in trading which was done on the last Friday.

An analyst team from Barclays Capital estimates that the supporting point of the gold prices is positioned at 1679 U.S. dollars per troy ounce. However, for long-term period, gold price is forecasted to continue rising.
This can happen due to the economic outlook which still remains poor in Europe and the U.S. Such thing continues to worry investors. Investors choose to buy gold which is considered as safer assets during turbulent financial markets like what happens now.

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3 comments:

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Dhana/戴安娜 said...

greeting for you
wow i have a dream to make alotof gold in my hand hehehe
thanks for info and sorry i was late

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sda said...

thanks for your information about gold prices.

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Prapatan Kertek said...

Kalau saja emas2 ini punyaku...!
Trim's untuk share nya..!

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