Gold Commodities Prices

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With the huge stock market drops in recent weeks, as well as overall high stock market volatility, silver futures have taken a HUGE hit, and Gold dropped a little bit as well. Does anyone have any opinion/idea on what direction the prices of gold and silver will head in, over the next few months? Thanks!

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Gold and other commodities are probably headed for the upside long-term. In my opinion, gold and silver took a hit recently because the subprime crisis caused a flight to quality to bonds, not to metals. This is why short-term bond rates have been destroyed. Longer-term, it looks like interest rates will come down like bullet b says, because the market, and borrowers in the market, desperately need that liquidity, which will lead to inflation and eventually probably prop up gold and silver. I don't think the demand for commodities from countries such as China and India will lighten up for the foreseeable future, either.

1. A two bedroom flat cost Rs.100000000000 crores 2. Gold price Rs.100000000000 per gram 3. All essential commodities like rice, wheat etc.for 1 kg = Rs. 1000000000 4. Labour charges/ services 1 hour job = Rs.1000000000 NOTE: It is just an example of the prices shooting up of all items. How will the peoiple pay the money during the future?

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It is not only in India it will be everywhere,since,it is still a developing Nation it seems like that.First you should not have invited the foreighners in India to start Companies,and you should have avoided brain drain,thirdly you should have compromised with what you had.Everywhere some how or other ,either by knowingly or unknowinghly involved everywhere and now you are shouting about price rise.Tomorrow you have no place for walk,everthing have become the foreighn soil,in another ten yrs, there is no place for burial.It si the situation.I can also only shout like you.

how to check the historical prices of commodities, such as, aluminium, gold, coal, and etc? Thank you in advance.

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The solution above is good but to find this information online I like to use: http://futures.tradingcharts.com/menu.html (I keep it on my favorites list.) Happy trading!

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I want to see the spot Gold price on MyMSN portfolio Does anyone know how I can add this symbol?

Best Answer

go too nycommodity.com or Chicago commodity.com and click on gold silver what ever you want