Gold is falling from Ceiling….
We can call it gold falling from ceiling or Gold is heading towards south. This means gold price is declining. This is the festival time in India and every Tom, Dick and Harry talks about gold. Should investors consider this sell-off as an opportunity to buy precious metals on the cheap? Is it the right time to buy Gold? Why this decline may not benefit Indian consumers?
But for those interested in reality, it’s important to note how much those arguments have missed the mark over the past few years and how they ignore recent data to the contrary.
Here’s why I would expect gold to rebound anytime soon, and why the outlook for this precious metal is quite unblemished: (This outlook on the point of Indian Market context due to rupee factor.)
