
Due to USD become stronger gold price have drop to as low as USD 1,050 per ounce before a bounds back to USD 1,109. USD become stronger is just a temporary due to year end effect and this is a vary gold oppecunity to buy gold. China and India still buying gold so how come the price will drop more if they are still a lot of buyer.
I think at 1Q2010 gold will go up hits back USD1200 and if it really happen gold price is on rally again to hits USD 1,400 by year end 2010.
0 comments:
Post a Comment