Importance of Gold forecast in commodity market

Aug. 5, 2010 - PRLog -- Gold is most popular as an investment in between all of the commodities. Many investors like the idea of gold trading because it is a commodity that has intrinsic value. In the recent past, Investors lost touch with this magnificent commodity but now the investment is back on track. This has been done with the help of gold forecasting. Gold forecast is a tool to predict about the gold movements or prices. Experts always give their opinion after studying market facts through technical analysis and reports. After analyzing gold, experts make trend analysis report, market movements [e.g. how much the prices will rise or fall], live charts and so. These things help investors to know about the position of gold.

Gold has been driving investors towards it by the sheer luster of gold. The underperformance of traditional investments like bonds, equities in developed countries have turned investors towards gold. Gold is unique in that it does not carry any credit risk and is no ones liability. Investors need the help of gold forecast so that they can know how much investment they can make in commodity market to get good returns. Commodity tips that they get from experts are completely based on gold forecast because it is all about predicting the gold market.

Over the years, the supply of gold has been unable to keep up with the rising demand. This is due to the scarcity of gold as well as high costs involved in mining. In recent years supply is matching up with demand and Experts have not noticed the demand supply clash now. Most people logically believe the supply and demand figures in the physical gold market will determine the price. But there are lots of other factors involve in deciding the price of gold i.e. INR- US dollar correlation, Gold- oil ratio, scrap sales, day traders investment and etc. That is the only reason there are a lots of companies in commodity market who are giving predictions of gold to investors through gold forecast.

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Profit.biz is an advisory service of forecasting/predicting the various online trading markets like commodity trading and currency markets. Predictions are based on the movement for the international market (NYMEX/COMEX/LME).
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