Gold Heading For Second All-Time Monthly Closing High
The highest that gold price has ever closed on a monthly basis was $1,831/oz in August of 2011.
If traders can close June out above $1,773/oz this will be the second highest monthly closing price for gold on record.
Gold is moving higher because trillions of dollars are being printed and gold is a store of value, used to protect wealth during times of uncertainty.
It is certain that central banks will continue printing money for the foreseeable future.
More money = more inflation = higher gold prices.
If traders can close June out above $1,773/oz this will be the second highest monthly closing price for gold on record.
Gold is moving higher because trillions of dollars are being printed and gold is a store of value, used to protect wealth during times of uncertainty.
It is certain that central banks will continue printing money for the foreseeable future.
More money = more inflation = higher gold prices.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.