Gold's outlook still dampened by the Dollar

Note: This section contains information in English only.
Source: CNBC
Gold managed to receive some reprieve after hitting a nine-month low on the account of the conflicts in Hong Kong; however, the yellow metal is still set for its steepest fall since June of last year due to the rise in the Dollar. Gold lost 5.4% this month as it touched $1.206.85 the previous week. There is little hope for gold now as the Fed intends to increase its rates, lessening gold's appeal as an investment. Spot gold managed to add 0.2%, trading at $1.217.76.


Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.