Gold touching Heights

As the Equity and cash markets in global level are running down thus in just opposite manner the gold rate is increasing day by day. Gold is assumed to touch 1000$ heights. The diwali festival is still to come after 20 days but gold has started touching its heights before diwali. It is currently near 14000 per 10 grams. Similarly silver is also is also increasing. Where as the crude slips down nearly to 78$. This the the lowest rate tuched by crude oil after so many years. In currency topics Rupee is still falling and touched the history downfall and counted nearly 50Rs per Dollar.

Financial Cricis In Global Market

Friday, 10th of october, a Black Friday This time. The sensex downs nearly 800 points and nifty near about 230 points. The week was da worst week ever in the history of global market. The Us market (Doe Jones) has downed to touch the lower history and marked below the 8000. But after reaching the lows it climbs up again and at the end closes down at 8451 pts with 128 points down. NASDAQ closes with green mark and slides to limited of 4 points and closed down at 1650. Rest of the market like Nikke 225 : 8275 close with 881 pts down, Straits Times close 1948.33 with 154.38 pts down, Taiwan Index close 5130.71 with 75.69 pts down, also european markets closes down nearly 8%.