Gold Prices Decreased Considerably in April 2013

From the Source, we came to know that not only Gold but a wide range of commodities detected with the price declinations in the second week of April 2013, marking the cooling down of inflation to just a little below 6 percent.

While the oil companies had deducted the petrol prices by over 1 Rupee, the price of gold, on the other hand, fell to 15-month low at 26500 Rupees per 10 gm. Gold dropped to biggest two-day in 30 days. Silver dropped 10 percent; Aluminium fell down 7 percent and metals as well as palm oil showed weakest prices in several months.

Market observers explained that the prices of gold will fall further to 25000 Rupees per 10 gm because the investors would prefer equities than gold.

Such a declination in the prices of the commodities will be seen in the upcoming days. What's your view share your suggestions with us.

Hell, pity to those who just purchased Gold thinking that its the lower end, I hope it won't get down further.

Yes you said true now gold prices decreased, but what happen now in future

Well, the price reached to the limit of Rs. 24500 too at a time, pity to those who have purchased for those who have purchased earlier, but also happy for those who have atleast got some ray of hope to go for the purchase of Gold, well Aarish look at the flip side as well

Current Gold Prices are 27884.00 what are your predictions for the near future as far as MCX Gold and Silver prices are concerned

Now gold crossed level 26,000. Predict MCX Gold prices

Also if we considered the old today its news is Gold started the third quarter on a strong footing to jump over 2 percent on Monday as technical buying and speculative short covering offset concerns that the U.S. Federal Reserve will rein in its stimulus program.

Gold edged higher in thin trade on Wednesday as Asian stocks eased. The GOLD rate touched an intraday high of Rs 26299 and an intraday low of Rs 26020.

U.S. One Dollar price is fall down today by -1.12% or -0.68 while it is still having price value above 60 in Share Market Exchanges. Dollar price is 60.2725 against Rupee value.
A nifty live price is 5838.70 with 27.15 and Sensex price is 19395.80 with +71.03 Rupees.
Japan’s Nikkei climbs 2.6 percent and China’s HangSeng 0.42 percent today while yesterday they are having loss in early trade and not showing moments.

Fluctuations in price of precious metals like gold and silver can be witnessed frequently, as there are many global factors as well which affect its prices. But it is believed demand and supply are the primary reason which affects the price of a particular commodity.