Indians brace for lower gold prices.
-----------------------------------
Gold prices are likely to decline to Rs. 25,500-27,500 per 10 gram level in 2014-15 fiscal in line with global prices, a ratings agency said.
"The expected decline in domestic gold prices takes cues from the likelihood of a decline in international gold prices to between $1,150-1,250 an ounce during FY15, from the current levels of $1,300 an ounce," India Ratings and Research said, while assigning a negative outlook to domestic gold price for FY15
-----------------------------------
http://profit.ndtv.com/news/commodities/article-gold-prices-may-fall-to-rs-25-500-india-ratings-387805
- Forums
- Commodities
- GOLD
- gold stuck in a downtrend
gold stuck in a downtrend, page-10
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)