What's happening with Gold?
- Thread starter seoways
- Start date
- May 6, 2020
- 1,091
- 6,408
Oh, interesting. Better to buy now or wait that it drops more?
- Jun 15, 2019
- 8,923
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One of my friend works in gold industry. In jewellery making business. acc. to him gold price were increasing because of wars that are going on around the world + Indian buyers during Diwali. Indians have a specific festival dedicated to buying metals i.e. gold, silver. After the festival season is over it started dropping.
- Feb 28, 2019
- 7,459
- 7,924
Gold is backup for currency in many countries. In stable times, it stays flat. In uncertain times or catastrophes, it rapidly grows. When it grow beyond a point, sales significantly drop, causing a pullback event. When order is restored, a reversal might happen.
- Oct 9, 2025
- 336
- 48
When you go up too high, you have to come down. That's only natural.