Tuesday, January 28, 2014

Gold Price Forecast 28 January 2014

tocks market buying in the S&P 500 stock index (SPX) posted new nominal record highs in 69 out of 252 trading sessions in 2013. Aggressive boostings in SPX value attracted investors. Traders stock dumped their GLD-ETF shares to shift that capital into general stocks. The higher the SPX moved the more Traders wanted to buy in to include the flow, and the gold prices fell lower and lower till 1180 per troy ounce.
gold price forecast
gold price forecast

Gold price moved negatively yesterday. Continue reading