Skip to main content

Posts

Showing posts with the label demand for gold

Gold price touches three months low

Gold fell to a near three-month low on Tuesday, putting the metal on course for its worst monthly performance in 13 months as safe-haven demand evaporated and investors booked further profits on the 2010 rally. Spot gold fell as low as $1,322.70 an ounce and was bid at $1.327.70 an ounce at 1409 GMT, against $1,334.25 late in New York on Monday. U.S. gold futures for February delivery fell $16.80 to $1,327.70. Spot prices are on course for a 6.4 percent decline in January, which would be the biggest monthly fall since a 7-percent drop in December 2009. Selling is largely a consequence of a current run of positive economic data. "(We forecast gold) to have a bad first quarter," said Mitsubishi analyst Matthew Turner. "Economic data ended the year quite strongly and I thought if it carried on strongly, interest rate expectations would start to rise. "But maybe the economic outlook isn't as rosy as people think, and maybe we will see a recovery (in gold prices...

Gold for girls beautification and satisfaction

Am I married? Woo! I have no gold though I am married. It can not be thought! Gold is the matter of emotion to the girls and women of the world. It is specially the matter of high satisfaction to the females of the Indian subcontinent.  Gold is the media to expose total fairness of a girl. Gold increases beauty and image of women.Gold is the means of security to the women of middle class families. Gold is the way to show the up to date fashion. Fashion makes fascination for gold among the girls. They see aesthetic beauty in side of them though the touches of golds. They address their dearest some one telling "my gold". It is some time very much precious to them even more than their life. They think all things may go out of my hand but my gold. Gold fashion now a days is becoming more attractive and passionateness among the females even in this age of technology and careerists. From very top and busy personalities to model and house wives are the fond of gold.   Howe...