Finance

Friday 24 May 2013

DO Not buy Gold and silver at current level.

Some days before Gold was trading near 32,000 and silver was around 60,000.
Due to Economical growth of almost all countries ( Major countries) around the world and also broken the support level in chart both Gold and silver is in bearish trend for several more days.

As current market price of Gold is around 26,000 when Silver is trading near 43,000 which may attract to buyers but no need to be hurry as you are going to get Gold and silver in more cheaper rate.

This month there may be small bounce back in these billions but in next month and so on there will be seviour selling pressure will be seen which will result Gold to trade near 23,000 and low and silver will 40,000-38,000.



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