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Gold and the Commercial Paper Market

Gold’s recent price-rise has been connected to the fall of value in the US dollar due to the recent federal rate drop by the Fed in September, which is a price-rise that I concur with, but I believe is limiting in being the only reason. Some analysts are also connecting the rise in the currency-price of gold as connecting with the Indian marriage season, where families buy a significant amount of gold jewelry that is used in the wedding ceremony and as a form of early-savings for the newlyweds, but this too is not enough to try to understand the reason for gold’s current boom, and what may lay ahead in the future.

Read this entire article at the gold investment site.