December 17, 2017

MTECHTIPS

MTECHTIPS:Gold up again but gains small as fiscal crisis hedge

Gold prices rose for a fourth straight day on Thursday for their longest winning stretch in nearly two months, but the gains were small for a market seen as a key hedge to the US fiscal crisis, dealers said.Bullion prices have crept up since December 21, though they have gained no more than 1 percent in all as America heads for another possible recession from punitive tax hikes and spending cuts scheduled to start as early as next week.This week’s moves in gold even with the thin trading volumes that accompany the holiday season were surprisingly tiny as the clock ticked toward a year-end deadline for action to avert the so called US fiscal cliff

WWW.MTECHTIPS.COM
07489294118/119

Mtech

Comments are closed.

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement. Thanks for Visiting our Website.