International Journal of Research in Economics and Social Sciences
  • Year: 2015
  • Volume: 5
  • Issue: 8

Gold-Is the precious metal losing its glitter?

  • Author:
  • Swaha Shom
  • Total Page Count: 8
  • Page Number: 10 to 17

Online published on 9 December, 2015.

Abstract

Global gold prices have seen a downward decline after reaching a peak of $1990 per ounce in 2011. Currently the precious metal is trading at around $ 1080 an ounce and the analysts expect it to fall further. This article examines the reason behind the recent slump in prices and comments on future values as well.

Keywords

Dollar index, Fed Funds Rate, Reserve Currency, Safe haven