Gold Price To Fall? This is rate yellow metal may well hit and very soon at that - expert's prediction
Gold price outlook is positive in the medium term despite the recent jitters which saw significant corrections in MCX Gold Futures price, Senior Technical Analyst Anuj Gupta said. What was the reason behind this fall in gold price? Gupta said that this correction is primarily to bring parity in the prices between the physical gold and Gold futures
He said that the yellow metal has not appreciated as much in the physical market as on the exchanges and the gap was unsustainable leading to fall in gold prices. Source: Reuters