Every body can see it clear nowadays that gold price always rises day after day and year after year. What the reasons for that?
That is because of Asian markets. And the most countries involved is India and China which are a real whole larg economies and have continously shown rising demand of the metal and will go on and on to do so in future too.
This demand will keep prices of gold from falling.
Another reason which causes gold to rise is inflation. Inflation is cause of disproportionate distributing and printing of currency, this is going to lead to an overall rise in cost of living.
Some say that changes in oil price that will erupt from time to time, along with government budgets will also influence gold prices.
At last, a good reason too is minning cost. The
rise in mining cost of gold makes us sure that there is little or negligible risk where gold may witness a rise in its price anytime in the future.
That is because of Asian markets. And the most countries involved is India and China which are a real whole larg economies and have continously shown rising demand of the metal and will go on and on to do so in future too.
This demand will keep prices of gold from falling.
Another reason which causes gold to rise is inflation. Inflation is cause of disproportionate distributing and printing of currency, this is going to lead to an overall rise in cost of living.
Some say that changes in oil price that will erupt from time to time, along with government budgets will also influence gold prices.
At last, a good reason too is minning cost. The
rise in mining cost of gold makes us sure that there is little or negligible risk where gold may witness a rise in its price anytime in the future.
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