Get Updates On Stock Market News And Commodity Market Analysis-->17/6/2015
MS CALL : SELL MCX COPPER AROUND 372.30-372.50 TGT 370/367/363 SL ABOVE 375.20
MS CALL : BUY MCX CRUDE OIL ABOVE 3860 TGT 3890/3925/3965 SL BELOW 3820
MCX CALL : SELL MCX SILVER AT CMP 36700 TGT 36430/36100/35850 SL ABOVE 37050
MS CALL : BUY MCX NATURAL GAS ABOVE 187 TGT 189/191.50/194 SL BELOW 184
Factors influencing the gold price
Gold is a rare metal which is often used as money. Thus, trading gold is extremely popular throughout history. Trading gold is usually viewed as a hedge or harbor against economic, political, or social fiat currency crise, such as investment market declines, inflation, currency failure, war and social unrest. Nowadays, more and more investors begin to take attention or get involved in trading gold. As a green hand, first of all we should understand some simple knowledge about the gold trading.
Nowadays, the gold price is driven by supply and demand as well as speculation. The most important factors influence the price of gold are: central banks and the international monetary fund, hedge against financial pressure, jewelry and industrial demand, short selling, gold jewelry recycling, war, invasion and national emergency.
Gold is famous as currency, and is also know as "save haven". It is generally considered as a valuable asset. Choosing gold to increase your wealth is good idea. Go ahead!
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