01/20/12 ~ MCX NCDEX Tips-Live Commodity Rates

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Friday, January 20, 2012

MCX Commodity Updates|Gold Trend

1/20/2012 06:08:00 PM

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MCX Commodity Outlook|Gold Tips And Trend For The Year:- Outlook for gold in 2012 is perhaps the most discussed topic in the global commodity markets currently. Gold has had a consistently glittering price performance in recent years. Having registered record highs in 2011, will the asset`s price continue its golden run into this year also? Interestingly, gold has entered the year with a slump in prices from the record highs reached in early September 2011 in US dollar terms and is currently trading in the vicinity of USD 1,650 an ounce. Here we have two key factors that always catalysed the metal`s price performance. One is the value of the US dollar and the other, real interest rates.

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