Gold Prices On The Rise After ECB Sets Negative Interest Rates For Bank Deposits

Gold prices were falling and falling for the last many weeks. Analysts were predicting gold prices hitting $1000 mark by the end of this years.  But then came the ECB Press Conference yesterday that announced negative interest rates for the bank deposits. First reaction by the gold traders to sell as Mario Draghi, ECB President… Continue reading Gold Prices On The Rise After ECB Sets Negative Interest Rates For Bank Deposits