Kumaresan Selvaraj pillai


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Saturday, April 20, 2013

Commodity Blog

Commodity Blog


Gold Rallies by Weekend, Ends Week with Big Loss

Posted: 19 Apr 2013 08:56 PM PDT

Gold rallied by the weekend on hopes for growing jewelry demand. Analysts hope that low prices will attract buyers in India. Some experts even think that the metal has not much space to fall and should inevitably bounce to previous highs. Gold still lost 7 percent of value during this week, making it dangerous to assume that the current rally is anything but a bounce on a bear market. Most [...]

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