Hi Everyone,
Anyone knows the reason for the fall of the Gold/Silver after yesterday's rise based on the Fed meeting ? It rose almost 15 $ due to the Fed Bond buying program but fell later in the Asian opening hours ? The last time the Fed announced the bond buying program, both Silver and Gold kept rising for many days.. Why are they down now even though Fed is printing more money unlimited till a particular unemployment rate and allowing Inflation to raise ? Any one have any reason for this ?
Anyone knows the reason for the fall of the Gold/Silver after yesterday's rise based on the Fed meeting ? It rose almost 15 $ due to the Fed Bond buying program but fell later in the Asian opening hours ? The last time the Fed announced the bond buying program, both Silver and Gold kept rising for many days.. Why are they down now even though Fed is printing more money unlimited till a particular unemployment rate and allowing Inflation to raise ? Any one have any reason for this ?