Today the world is in jeopardies of geopolictical tensions? US and Iran issue ...The people around globe want to secure the future by entering in bullion market . what should the outlook of gold in coming time ?
2007-02-17 19:35:53 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
I reckon that those people at the Vancouver Gold Show in January seem to have got it right. Their opinion was “cautious optimism” with some estimates at US$1000.00 ounce by the end of the year. So far that is looking good with no immediate prospect of supply keeping up with increasing demand.
2007-02-17 19:52:53 · answer #1 · answered by Jaks 1 · 0⤊ 0⤋
Well if the dollar were to drop against other currencies, then yes gold will have its run. news like geopolitical issues, it can send oil and gold up, but remember in order for any assets to move up or down its just not base on one factor... Every angle can move an assets price up or down... 1000 would be nice for price of gold..but lets see..
2007-02-18 03:43:24 · answer #2 · answered by Rain L 5 · 0⤊ 0⤋
i dont think that ll happen any time before 2012 .... currently d price of gold is 9500 rs\10 gm ..this is definitly d maximum inflation possible at this point of time in india ....
2007-02-18 04:10:00 · answer #3 · answered by amazed !!! 4 · 0⤊ 0⤋