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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Now down 16%
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Comment by TraderRookieon Aug 25, 2014 2:01pm
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Post# 22875610

RE:RE:RE:RE:Now down 16%

RE:RE:RE:RE:Now down 16%Rightly said jpgoldilocks...September to Decmeber is the time when gold price grows.

This is also due to the festival season in India. All the indians buy gold gold from September to December. it is considered to be Auspicious to buy gold in festival season.

Also almost 80% of Indian marriages happen from October to February. All Indians buy huge quantities gold for the wedding.

As demand for gold rises, the gold price increases.
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