Gold rate is falling! International Trends on a Stronger Dollar: Anand Srinivasan

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In this Video, Mr.Anand Srinivasan speaks about the International Gold Price Fall, as various federal banks of Europe, as well as Russia, increases the Interest rates of their respective currencies, The recent fuel crisis in England due to the very low pay scale of the truck drivers also making an impact on Essential commodity prices, especially Infrastructure commodity also in the rise, Inflation is much expected in the United States, Federal Reserve of US feels the pressure to increase the rates. Meanwhile, the US has a plan of 120 Billion dollars every month which will make ease of the market. In the last 30 days Gold per Ounce dropped around 4 % (Nearly 72 Dollors) and Mr.Anand Srinivasan concludes this trend will move further for some more months. But, He is confident on the long run of the Gold rate will remain on his bet as 10000 per gram.

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