The prices of these precious metals have fallen down by more than 25% from their peaks in 2011, indicating that the precious metals are finally in the bear territory after a bull run that lasted more than a decade.
According to commodity market experts and traders, the main reason for step fall in bullion prices recently has been due to talks of troubled Cyprus selling gold worth about half a billion dollars.
Other factors responsible for fall in gold prices are strength of the US currency with which the yellow metal’s price has an inverse relationship and a general loss in confidence in the two precious metals by investors because of months of weakness in prices.
In India, gold fell by Rs 750 on Monday to trade around Rs 27,600/10gm while silver was down Rs 3,500 to trade around Rs 46,000/kg.
If you are an investor or trader in bullion then you might be searching about Latest gold rate/price in India, Current gold price/rate in Mumbai, Delhi, Chennai, Jaipur and Ahmadabad, etc.
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According to commodity market experts and traders, the main reason for step fall in bullion prices recently has been due to talks of troubled Cyprus selling gold worth about half a billion dollars.
Other factors responsible for fall in gold prices are strength of the US currency with which the yellow metal’s price has an inverse relationship and a general loss in confidence in the two precious metals by investors because of months of weakness in prices.
In India, gold fell by Rs 750 on Monday to trade around Rs 27,600/10gm while silver was down Rs 3,500 to trade around Rs 46,000/kg.
If you are an investor or trader in bullion then you might be searching about Latest gold rate/price in India, Current gold price/rate in Mumbai, Delhi, Chennai, Jaipur and Ahmadabad, etc.
Tags:gold necklace designs in 15 grams with price | gold pound rate in india | 24 carat gold price on 12 march 2013 | gold rate on 16th march 2013 | gold price on 16 march 2013 in mumbai | 18K gold rate in bangalore today | 21k gold price in bangalore | gold necklace designs in 20 grams with in indian rupee | 24 carat gold price in hyd on march 9 2013 | gold haram designs with 15 grams with price in chennai | indian mobile uploaded boys | gold rate in indian 15th march | gold ate india on 24th march 2013 | gold rate india per gram as on 05 march 2013 | gold rate on 24th march 2013 in rs | gold rs 10g 2013 | March 2013 gold prices in mumbai | today gold price1-5-2013 | todays gold rate in chennai on 15th march 2013 | todays gold rate in delhi on dated 15 march 2013
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