Some financial agencies were worried that since the US job report for the month of July has come out far stronger than expected, the prices of Gold will take a tumble. But when it comes to the expert financial analysts, they point out that Gold is still in a bullish phase and is not likely to take a tumble any time soon. The experts say that given the strong nature of Gold price, Gold is all poised to gain again for at least a few more years.
According to the financial experts, the world is actually on a brink of boom and when that boom happens, Gold will definitely gain. As per the experts, given the fact that more and more diverse countries around the world are emerging as the new economic powers, including the BRICK countries, there is no way that the prices of Gold are going to slump any time soon.
Also, when the financial experts have studied the past market trends they saw that the price of Gold has always come up as a winner and on a bullish trail. The experts also say that the financial markets do not need to fear the adverse effects of the Brexit as Brexit is a short-term event and the long-term history of Gold and its prices has always shown resilience and a tendency to dominate.
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