Gold Close This Week at US1,394.1

For gold, the physical market remains supportive. Buyers, in Asia and India in particular, continue to buy dips. Diwali in India ends this week, which may see physical demand decline next week. But indications are that demand in India should still remain elevated well into December due to the upcoming wedding season. Also, India seems to expect the gold price to head higher — not lower — and buyers are willing to buy dips in gold.

Gold support is at $1,362 and $1,330. Resistance is at $1,408 and $1,424.


Related Posts Plugin for WordPress, Blogger...

KLSE Info Zone

About This Blog

Malaysia Gold Investment

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

Blog Malaysia


  © Free Blogger Templates 'Greenery' by Ourblogtemplates.com 2008

Back to TOP