Gold drops after reaching 1,535.00 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA

On Thursday, September 25, gold depreciated 3002 pips or 1.96% against the US Dollar.  

Most likely, the XAU/USD exchange rate dropped, as on Wednesday traders cashed the profits of a three-day advance in yellow metal. 

Gold depreciated, although the demand for safe-haven assets increased due to the impeachment inquiry into the US President Donald Trump and other global concerns.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.