Gold Price Rise And The IMF Sales!
The recent rise in the price of Gold,obviously,thought to be,due to the weak Dollar, has taken many by surprise,as the Stocks are also rising,which is quite rare in many parts of the World.Oil and Gold are supposed to,rise together,which is not the case,now.This can be,explained,by the so called,recession. But the IMF is selling about 403 tons of the same Commodity.Is it to help IMF realize a better price?Is the Dollar being manipulated,though there are other reasons for the weakness,of the US Currency?Only time will tell!