Commodity Trade Mantra

Posts Tagged ‘Gold Buffalo Coins’

Gold Price Weaker on Greek Bailout Despite Strong Physical Demand

Once again, investors remain perplexed about the price action of gold, especially after Greece defaulted on its debt owed to the IMF & imposed bank closures & capital controls amid its debt crisis. But, it is unlikely that the price of gold will remain suppressed for too long as global demand for gold remains strong despite the recent price dip in U.S. dollar terms.

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