Hello everyone, are you wondering about the price of gold today? Currently, gold is trading at $1920 USD. It can be seen that gold is under pressure in the context of the DXY index (which measures the volatility of the USD against 6 major currencies worldwide) still at a high level, around 104.7 points.
Investors choose USD when the US stock market typically has negative developments in September. Gold is currently trending downwards in the short term due to a lack of new supporting factors.
Currently, Fed is still tightening monetary policy and maintaining interest rates at record highs for decades. This is a supporting factor for USD and has a negative impact on gold.
Investors choose USD when the US stock market typically has negative developments in September. Gold is currently trending downwards in the short term due to a lack of new supporting factors.
Currently, Fed is still tightening monetary policy and maintaining interest rates at record highs for decades. This is a supporting factor for USD and has a negative impact on gold.
Commentaire:
good luck everyone
Commentaire:
Gold is following the right indicator
Commentaire:
Gold prices rose today as US Treasury yields fell, although US jobs data prevented the dollar from falling.
