-------- Gold added after its highest level in 2 months as there was a fall in equities due to worries regarding capital outflows as per the developing economy which may continue boost it safe heaven urge. As developing market would remain under pressure Asian shares would trim a the US Federal Reserve decided to continue its disputes regarding stimulus and as well as the tough conditions of credit in China which are raising worries for sharper economic slowdown. Spot gold found slow at $ 1,268.60 on other hand US gold future rose 1% and other precious metals added high.Gold always seemed to be the risky substitute for investment in order with stocks. Bullion prices in scenario would be priced high. However, there is a record high in gold prices since 2011. visite..........geca.in/
Posted on: Mon, 27 Jan 2014 11:33:56 +0000
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