Gold Price Decline Continues
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Last week I have written about whether it is good time to buy gold or not. Also I have mentioned in the article saying the down trend will continue till the mid of January or further. The reason for the decline is end of financial year in USA, brokers will sell the gold and take the profits for this financial year. Another reason is the strong dollar value which leads to less investment on the gold.
This decline is only for the temporary time and will start go up once the correction is come to an end. We can not say the exact time when it will touch the bottom line but it is some time in the next month. If you have any plan to invest in the gold, you have to use this two months and don’t loose the oppurtunity.
You can check the live gold price here.
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2 Comments on this post
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charvi said:
Hello Krishna,
I have done major investments in Gold ornaments. I have got to know about registration of the Gold assets in my name to avoid future hassles and have right to claim them incase of any family issues. However I cud not gather much details about such registration process.
Please help me with these details and also alternatives.
Thanks & Regards,
Charvi BadeFebruary 27th, 2010 at 7:41 am -
charvi said:
Hello again,
….I wish to get the ornaments registered on my name as the legal holder of these assets..Please let me know d process.
Thanks & Regards,
Charvi BadeFebruary 27th, 2010 at 7:45 am
