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Gold Futures - Jun 24 (GCM4)

Real-time capital.com
Currency in USD
Disclaimer
2,389.55
+6.55(+0.27%)
Real-time Data

Gold Futures Discussions

Hungary Central Bank tripled its gold reserves in the biggest purchases by central bank in decades -- latest sign of governments turning to precious metal as a "safeguard of value" as expected hyperinflationary pressure is imminent. Its monetary authority raised its bullion holdings to 94.5 tons last month; at the same time, latest data from World Gold Council showed global central banks were net buyers of gold in February, led by India 11.2 tons. Gold retailers follow these trends for stocking up physical bullions. Today, China will announce its version of CPI (called purchaser price index) with a forecast value of +3.5; pay close attention to the actual value in the Asian market open. Remember, trend is our friend! follow it closely but don't go against it... Short gold only when it reach the next all-time-high i.e. after it reaches 2075. Right now, just buy and patiently hold... earn both ways safely; gain on its way up and also gain on is way down...
Hungary has no hunger like u, hehe
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