No Sooner The Gold Price Shines As Expected

In the current Global Scenario we would surely see the downfall of the gold prices in safe boundaries. Their is a hike in the demand of gold in the Ukraine due to continue stress maintained in the country while their will be chance that US economy gives the weak signals on Bullion sector. Having that signals we definitely say the gold prices are comprised in the limited boundaries. However, due to strengthening of the rupee's declines the gold prices.

In MCX the gold prices reach the level of 27700 rupee's but it gets back to low level in a near future around the 26000 or we say 25800. However, selling pressure on the investors make them to buy on lower levels.

World Gold Council declare their quarterly result in 2014 on that states their is reduction in the demand of the gold in China and India the biggest consumers of gold in the world. In spite of, in last five years their is large amount of Gold ETFs outflow which sharply came down the gold prices.

On behalf of the US Fed Reserve decided not to raise interest rates immediately in terms of gold prices is a positive news. According to the Fed Reserve excessively Tempring for exemption is likely to fall in gold prices. Rupee is in the past 11 months strongest position.

India imports gold on the domestic level, therefore the strengthening of the rupee in domestic market their is slightly fall in gold prices.

In addition RBI selected some trading house and allowed some banks to start buying the metals to increase the export. The market itself needs to take easy on import duty which had been rise by the RBI in the last Year and also add some extra guidelines on exporting which increase the Current Account Deficit (CAD) and weaken the Rupee.

But after changing the norms by the RBI we see immediate decrease in Gold prices.