Thursday, July 30, 2009

Money drives out from gold funds

From last few weeks, Money from major Gold Funds Are Continuously drive out due to higher profits in equity & better results in U.S markets. American markets are best drives by the strong performance given by the financial banks in their quarterly results.

Dow Jones also providing good support to te economy by crossing 9000 mark. That’s showing the hilarious marks on global economy removing by occurring housing demand in U.S.

Traders & investor also have lack instrest in gold market, now they starting investing major equity funds or directly in the stock market.

If comes Gold do not cross level of $960, then we for see Gold prices to $920 to $860 levels in late July or August or more downside.

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