2012-03-12

31 MT Of Gold Takedown Gold Price About USD100 Per Ounce All Go To China And India

Last 2 week the 31 MT of gold takedown gold price about USD100 per ounce all go to China and India. US had sale they gold to get liquidity and to speculate paper gold but China and India taking this low gold price to accumulate more gold.  Come to physical gold, the price still high. 916 gold still at RM190 per gram and 999 gold still at RM200. This sale move done by US really show that US is not getting better just that they need to support the paper money market and share market.

Soon US physical gold leave will drop low once this US stop sale out gold, gold price will make new high.

0 comments:

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

BlogMalaysia.com

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

Back to TOP