Gold mining companies face a new challenge after Gold price decline

Gold price technical analysis 17 - June, 2013

Gold mining companies face a new challenge after Gold price decline, which mean a decline in its profit ratio plus the increase of mining coast, the issue which could push global mining companies to reduce its capital spending on the long term.

Gold mining companies stock starts to decline from the beginning of this week, due to fears from a shrink in the global economy.

Gold price cause a lot of fluctuate or we can shake in the global economy, gold price one of the leading indicator for the market.