GOLD PRICE TAKES HUGE DIP

GOLD PRICE TOOK A HUGE DIP TODAY...

GOLD PRICE INCREASES SO DOES SILVER

GOLD PRICE INCREASED BY 1600 TO9 BE...

1 USD= 132.96 RUPEES.

Forex1 USD= 132.96 RUPEES.

US DOLLAR HAS BEEN STRONGER TO NEPLEASE CURRENCY FROM MANY YEARS. IT ALWAYS KEEPS ON MOUNTING.BECAUSE OF THERE STRONG ECONOMY AND WORLD LOVE AFFAIRS TO US DOLLAR.WHY?

GLOBAL INVESTORS SEE THE DOLLAR AS THE SAFE INVESTMENT OR SAFE ASSEST .WHERE THERE IS INVOLVEMENT OF RISK IN OTHER INVESTMENT LIKE BOND,STOCKS AND REAL ESTATE OR FOR THAT MATTER EVEN GOLD OR SILVER .IT IS QUITE SIMPLE THAT IT HAS ITS OWN STATURE IN WORLD MARKET .IT IS THE “RESERVE CURRENCY”.WHICH MEANS CENTRAL BANK AND OTHER FINANACIAL INSTITUTION HOLD LOTS OF USD FOR THE USE OF INTERNATIONAL TRASACTIONS.

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