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Have a project in mind? We'd love to hear you, contact us and our team of experts will advise you.
Have a project in mind? We'd love to hear you, contact us and our team of experts will advise you.
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The ECB decided to keep rates at 1% in the euro yesterday and this factor, combined with low physical demand for gold, especially in India, has contributed to the continued fall in the price of gold. Increasingly, investors view gold as other investment and its role as a refuge is losing its importance. The price of silver is also under pressure mainly due to physical oversupply of the metal, and the price of 30 dollars is a significant technical support.
May 4, 2012
Timothy Pickford
PRECIOUS Argyor (AMPSA)