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Gold Price on Apr 30, 2008
banker ( Score Rank: #69 based on predictions in the last 30 days ) banker  |  was scored on 01-May-2008 (215 days ago)
The fed will review the rate on Apr 29. Any announcement will likely affect the USD$ and thus gold price. What do you predict for the close price of Gold on Apr 30, 2008? The price dropped from >$1000 (52 wk high) to $920 when creating this topic. check: http://www.goldprice.org/
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Top Predictor:   meanstreaks (55% Accuracy)
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News & Video
Add News / Video 1 - 4 of 14 news / videos
0 vote This is Good This is Bad
2008-04-30
A
April 29 (Bloomberg) -- European stocks fell for t... (more)
0 vote This is Good This is Bad
2008-04-29
B
April 29 (Bloomberg) -- Most U.S. stocks rose for ... (more)
0 vote This is Good This is Bad
2008-04-28
C
April 28 (Bloomberg) -- As farmers confront mounti... (more)
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2008-04-28
C
April 28 (Bloomberg) -- Federal Reserve Chairman B... (more)
Comments (8)
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  1. Arthur Arthur 215 days ago
    0 vote This is Good This is Bad
    answered: [ * ] Below $900
    (more)
    It's around $872. check: http://www.bullionvault.com/gold-pric...
    [ reply ]
  2. DAVIDRS74 DAVIDRS74 220 days ago
    + 1 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 33% ] $950 - $1000
    (more)
    I feel that Gold will drop to the 870 to 875 range and then after the first week of May to begin to rise to the mid 950 range within the next two weeks, and by june 15 to be back pushing the 1000 mark.
    [ reply ]
    1. Arthur Arthur 218 days ago
      0 vote This is Good This is Bad
      wow .. your predictions are so detailed. let's see :)
       
  3. MututedBrain MututedBrain 229 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 100% ] $950 - $1000
    (more)
    it's back $940 now .. unlikely it will be over $1000 but close enough.
    [ reply ]
  4. Homer Homer 238 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 44% ] $950 - $1000
    (more)
    USD should drop by the end of the month, and Gold will rise again. Whatever the fed does will have little impact on the dropping USD.
    [ reply ]
  5. black-shoulder black-shoulder 238 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 55% ] Above $1000
    (more)
    Gold price, in the long term, has only one direction to go, and that's up. The current "slump," if we can even call it that, is bound to be temporary. I think it will shoot right back above $1000 before you know it.
    [ reply ]
  6. Arthur Arthur 238 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 73% ] $900 - $950
    (more)
    it will rise but not to the point $1000. reaching $1000 may require a big crash in stock market or a war.
    [ reply ]
  7. banker banker 239 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 67% ] $950 - $1000
    (more)
    IMO, there will be a high demand of gold this summer in Asia (eg. India and China). In addition with the US recession, the gold price will easily rise back to $1000.
    [ reply ]
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