2010-03-12

Gold is the most sensitive to liquidity and interest rates

Gold is heading down despite the weaker dollar since yesterday. With gold above $1,120, seeing little physical buying— which could see gold struggle to sustain rallies above $1,130. In fact, the metal seems set to revisit $1,100. Resistance is at $1,095 to $1,089.

With further indications that China could accelerate monetary tightening, as inflation in China has risen, gold demand may wane. Of all the metals (including base and precious metals), gold is the most sensitive to liquidity and interest rates. However, we doubt that tighter monetary policy in China can affect gold demand much. Rather, we believe that monetary policy in the US will be bearish for gold.

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I found Gold Investment in Malaysia is a vary good tools to make profit when the market is down. I also found that Gold Price go up and down more slower compare to share market so to make money in long term, Gold is the right tools. This blog is all about Malaysia Gold Info and the way to make profi

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