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Topic: Why gold price going down? (Read 9762 times)

full member
Activity: 151
Merit: 105
November 20, 2016, 09:10:55 AM
I have seen predictions by market experts, claiming that the gold price will reach $5,000 per oz. by 2020. They have given solid reasons to support their claim. Therefore, I believe that the current price decline is a temporary phenomenon.

It is not possilble for the bitcoin to reach $5000 by by 2020. The inflation will not be that in the time frame.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
October 17, 2016, 05:47:52 AM
I have seen predictions by market experts, claiming that the gold price will reach $5,000 per oz. by 2020. They have given solid reasons to support their claim. Therefore, I believe that the current price decline is a temporary phenomenon.
legendary
Activity: 3010
Merit: 1280
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October 16, 2016, 08:43:08 PM
I think the gold price is not down. the average gold price did not go down or stabilized. that was down the gold price will creep up again, although the price of gold rose. the increase was not significant

I agree that gold is starting to recover its price now, it was in an uptrend previous week ago though it wasnt significant despite of the increase in price several press predicts that gold will go down but gold held it grounds.  And many are still predicting that gold will rise in value in the next weeks.
hero member
Activity: 630
Merit: 500
RealistaToken.com
October 16, 2016, 07:01:28 PM
I think the gold price is not down. the average gold price did not go down or stabilized. that was down the gold price will creep up again, although the price of gold rose. the increase was not significant
hero member
Activity: 1106
Merit: 521
October 16, 2016, 04:21:29 PM
probably becuse the gold and silver markets are being manipulated by those with everything to lose, another reason why bitcoin is great.
sr. member
Activity: 462
Merit: 250
October 16, 2016, 04:10:53 PM
The price of gold has been quite stable the last time. Especially after brexit the price take a good increase.
Which is logic offcourse since gold has been the favorite stable investment for traders in centuries and yes it probably will stay that way for centuries to come.
legendary
Activity: 3276
Merit: 2442
October 16, 2016, 03:23:47 PM
If FED raises the rates, gold will go down a lot more. When it reaches 1000-1100$ buy gold with everything you have. You can't lose with this trade. You will be rich in 5 years at most. FIAT money soon will be no more.

If they don't raise rates, Gold will see 1400$ in a flash. You should buy gold from this price too. But don't go all in. Maybe %10.
hero member
Activity: 896
Merit: 514
October 16, 2016, 03:18:54 PM
i do not think that gold price going to down and we can say that gold price is too much stable and too much slow increasing its price and other side bitcoin increasing its price too much faster and its price depend on adoption .
newbie
Activity: 40
Merit: 0
October 16, 2016, 02:45:07 PM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.
perhaps the gold investor's has switched to Bitcoin because after the price of gold began to fall in other sides the price of bitcoin rising.

And it seems to me that this is due to the general economic decline in many countries. People began to invest in something else. Demand fell, the price is also
hero member
Activity: 518
Merit: 500
October 16, 2016, 02:13:34 PM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.
perhaps the gold investor's has switched to Bitcoin because after the price of gold began to fall in other sides the price of bitcoin rising.
hero member
Activity: 1456
Merit: 624
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October 16, 2016, 01:44:01 PM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.
Or maybe this is not a good time for gold and i think they are saving more money to buy gold on december to gift for their love ones.
Honestly we can not know why but it just my opinion..
full member
Activity: 151
Merit: 105
October 16, 2016, 01:29:03 PM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.

I think the power of the US dollar has negative effect on the bitcoin price. There are inversely related.
hero member
Activity: 1008
Merit: 540
October 02, 2016, 08:29:51 AM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.
hero member
Activity: 840
Merit: 501
Strength in Numbers
October 02, 2016, 06:31:05 AM
i do not think that gold price going , gold price is very stable and gold increasing its price too much slow but sometime i think that gold is much more safer and i think that gold is not risky .

Me too I don't believe that there is going to be a time that gold is going to price down. Because whatever is going to be the economic status of a country.

Gold will remain to the top of the most precious stone in the world with high value, even there is going to have an inflation still their value remains.

And not just remains but as long as there is gold and they are going to increase its value as the time goes by.
hero member
Activity: 896
Merit: 514
October 02, 2016, 05:41:06 AM
i do not think that gold price going , gold price is very stable and gold increasing its price too much slow but sometime i think that gold is much more safer and i think that gold is not risky .
hero member
Activity: 1190
Merit: 534
October 01, 2016, 11:22:34 PM
The law of demand and supply says that ‘when demand increases the price also increases and when the demand falls, price decreases’ so there must be low demand for gold and since the price of gold is going down, it indicates that demand for gold is diminishing. We can safely assume that people are preferring other investment options for their investments which is a good sign for us because bitcoin is one of the next generation alternative investment.
sr. member
Activity: 258
Merit: 250
October 01, 2016, 01:13:28 PM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
The gold is there are different types of low quality and so high quality. The gold market if suply is small the gold price is increase but if the suply is plenty now the gold price is going down.
The bitcoin has nothing to do with the gold because they differ bitcoin is up and down the price increases if the price of bitcoin due to traders and miners . So if the price increases of bitcoin will not affect the gold even the price of bitcoin drop.

Both gold and bitcoin are storage of value. But the bitcoin will rise fast as it is under constant development.

I believe that the fall in gold prices is a temporary phenomenon. The vibrations that typically occur. A bitcoints more dynamic and more visible growth
full member
Activity: 151
Merit: 105
September 20, 2016, 01:52:24 AM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
The gold is there are different types of low quality and so high quality. The gold market if suply is small the gold price is increase but if the suply is plenty now the gold price is going down.
The bitcoin has nothing to do with the gold because they differ bitcoin is up and down the price increases if the price of bitcoin due to traders and miners . So if the price increases of bitcoin will not affect the gold even the price of bitcoin drop.

Both gold and bitcoin are storage of value. But the bitcoin will rise fast as it is under constant development.
hero member
Activity: 924
Merit: 505
September 18, 2016, 01:28:01 AM
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
The gold is there are different types of low quality and so high quality. The gold market if suply is small the gold price is increase but if the suply is plenty now the gold price is going down.
The bitcoin has nothing to do with the gold because they differ bitcoin is up and down the price increases if the price of bitcoin due to traders and miners . So if the price increases of bitcoin will not affect the gold even the price of bitcoin drop.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
September 17, 2016, 09:34:31 PM
Maybe the price of.gold is going down at the moment but this prety normal thing like ups and downs with Bitcoin price. It depends on the situation on the markets and stocks, current demand and the whole economy situation. But still gold will always have the value and the long term is a good investment.
Maybe the value of gold is going down but just a little... comparing with bitcoin at $450 and just for several hours can falling into $$400... it's always be a correct answer because gold is very limit and different with bitcoin or cryptocurrency.
https://www.bullionvault.com/gold-price-chart.do
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