Anybody know about commodity market(precious metals)...plz tell me?

tell me the future trend and how it goes up and goes down and i am asking this ques bcoz i have invested on gold and silver...so plz tell me if any analyist friend is there to help me....help me if u analyst...thnx

You will get all sorts of opinions here, and you've already seen that people will answer when they know nothing about what they are talking about.

The precious metals are certainly commodities, and are listed on the Chicago Board of Trade and others, as such. They are commodities in the business sense of this forum, and they are commodities in the usage sense in industry and as consumer goods.

If you own precious metals, you are very lucky. If you have recently purchased them, you will be in for some volatility after such a hard and fast runup in price. If you are leveraged in the commodities market, you may not be able to hold against the margin calls.

The trend is still up, even though they have backed off considerably from their highs, there will be a lot of back and forth for awhile.

June Gold at 652.40/oz, down 5.5 at the open.

It will go up and down, but not necessarily in that sequence....

You should ask questions like this before you invest!

BTW, gold and silver are not commodities.

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