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The Probabilities Of A Fall In Gold Price


wealthymatters

Gold prices are unlikely to fall sharply in the near future . The RBI working group,headed by KUB Rao, calculated the probability of a gold price decline in four baskets (6-months, 3-months, 2-months and on a 1 month basis). Its analysis of the past data shows that there is no probability of a drop in gold prices of more than 40% and even the possibility of 30% dip or more in prices is rare in all the four baskets.

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