Goldfixing Fonderia e laboratorio analisi preziosi

Decline in the price of gold: why?

The exponential increase in price of gold reached its maximum during the financial crisis of 2007/2008, creating a speculative bubble. Investors benefited from it, with the hope that gold was the only safe investment.

An excessive decrease in the value of gold is a positive sign, because it makes the investors ready to get involved into the bank system and prefer stock products.

It may be possible to see this status-quo as a strong sign of economic recovery, but the reasons behind the quick decline stay in the sale of Cypriot gold stocks dictated by its indebtedness.

Other reasons according to French experts may be the current status of the dollar, that represents the recovery of the American economy and an alleged appreciation against the euro and other currencies of the countries of G10; lastly the financial changing of monetary politics at rising rates.

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