Gold Prices

Q: What is the reason of increasing gold prices in today's market?

A: Whenever the currencies in the international market are going down like dollars are going down these days, then the gold being the standard currency all over the world demand and supply is more and more and hence the gold prices are going up and up.


Q: Is it better for me to purchase gold these days in USA as gold prices are going higher and higher?

A: Hmm, Gold prices are so much fluctuating these days and it seems to be the future gold price being higher more and more. Also the gold prices vary from location to location with a little bit difference like there will be different rates of gold in California,Texas or in London. So, better to buy it now before the prices go much higher. Buying Gold coins is a better option for investment. Remember to purchase the gold coins only from the trusted banks.


Q: Does anyone knows that is there any relation between the gold market price and stock Exchange Sensex?

A: I thought there is no direct relation between these two through stock market is very senstive to any changes like crude oil rates, But Gold Trading is also a good investment factor. So, When the international market goes down then the price of gold seems to go higher and vice versa.


Q: How do i start online gold trading when i have no idea of commodity trading?

A: Gold trading is for professionals and you have no experience of commodity trading then it would be a tough and risky job for you to deal with gold trading. Better will be go to the trusted broker and ask him to do the same on your behalf.In some Country there are Funds(Mutual) specify for Gold Investments.Instead of investing in Shares they invest in Gold...


Q: From where i can get gold quotes daily?

A: You can get daily gold quotes on various newspapers either daily newspapers or commodity newspapers. Also you can visit commodities website and get some free gold quotes from there.

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