What is the gold price for today will it come down still?

Question

is it the right time to bye gold or shall i wait for another couple of days

Answer 1

In economic terms, price of gold is directly related to the price of Crude oil. so if crude goes up, Gold price also rises and vice versa. but i expect oil to go further down less than $108 at the end of this month. if it so happens gold will also fall.

for example at this moment

Oil - $113.32 -1.69 down

Gold - $796.20 -18.30 down

but i will also add at this moment gold price which is at around $796 can be a good offer to buy.

so if u r not patient or u r in hurry u can go for it to buy as it is not a bad offer.

sites that you can track for gold and oil news are:

www.bloomberg.com

www.livecharts.co.uk

www.thebulliondesk.com

www.kitco.com

Answer 2

The price goes up and down.  The current price as I write this is $805.40.  You can check it on-line:

http://www.kitco.com

However, no respectable web site gives predictions.

I believe, along with a number of other people, that in the long term the price of gold is going to rise substantially.  However, in the short term,

I don't know how low it will go.  It looks like a great time to buy, but if you want, you can wait and see.

Grandpa  

Answer 3

The Gold Price of Today 813$ it has gone done in last weeks. The price will never be stable it fluctuate that is how people do trading on GOLD they buy when it is less and they sell when it goes high. To get  the current rates of gold visit www.GOLDPRICE.org