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Saturday 17th 2008f May 2008 03:18:39 AM UTC

News

Prices of Gold Will Go Down On Monday?

04/10/2005

the decrease of the prices on gold is expected on the European session at the background of the dollar rate growth via the leading world currencies, though according to the opinion of the market participants the fall will be limited to high physical demand from the outside of the major customers.

Some dealers say that in the current conditions the consolidation is expected on the gold market at the background of high prices on gold and apprehensions concerning the geopolitical instability, caused by the explosions in Indonesia and conflict in Iraq.

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