Post
Topic
Board Economics
Re: Why gold price going down?
by
Bitcoinsummoner
on 16/10/2016, 18:44:01 UTC
Why is gold price falling now, even when bitcoin price going up?


I want to know that.
Because people don't need gold anymore it almost done and mosto f people are in demand of bitcoin and then bitcoin price is increase because of the power of USD dollar where you will see the increasing of bitcoin range of 611 dollars and up.
Or maybe this is not a good time for gold and i think they are saving more money to buy gold on december to gift for their love ones.
Honestly we can not know why but it just my opinion..