Gold News: Price Falls As Dollar Advances, India Maintains Import Duty
Gold has fallen 7.1% from a five-month high of over $1,300 an ounce of January 22nd, the day the European Central Bank announced a plan to buy bonds to bolster European growth.
Gold has fallen 7.1% from a five-month high of over $1,300 an ounce of January 22nd, the day the European Central Bank announced a plan to buy bonds to bolster European growth.
Gold prices have risen over the last few months as investors look for a safe-haven for a variety of factors. Fears of a global economic slowdown, political instability in Greece, the Russia-Ukraine crisis, and the move by the Swiss National Bank to remove the franc’s peg against the euro have all supported gold over that time, causing it to outperform other assets.
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Gold Prediction Based on Predictive Algorithm I Know First Research is the analytic branch of I Know First, a financial start up company that specializes in quantitatively predicting the stock market. This image was created by Daniel Hai one of our interns. We did not receive compensation for this image, and we have no business relationship with any […]
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