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Wednesday, 12 November 2014

Demand Increases as Prices Fall

Demand Increases as Prices Fall

Gold has fallen to its lowest level since January. The key factor pushing gold prices up in recent years has been the US Federal Reserve’s economic stimulus program, causing the US dollar to drop and increasing demand for safer investments such as gold and bonds. Lower prices have resulted in a sharp increase in demand for precious metal among the world’s wealthy.

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