Страници

Thursday 21 September 2017

Gold with two and a half weeks minimum

Gold struck two and a half weeks minimum on Monday as the dollar rose before the Fed's interest rate talks. The depreciation of the metal became a reality in the midst of new records for US indices.
Gold fell by 0.6 percent to 1 311.51 dollars per ounce after on Monday reached the lowest value of $1 309.63 per ounce, a level unseen since August 31.
Otherwise, speculators have raised their net long positions in gold for the ninth consecutive week to their highest level since September 12th. This is a worrying counter-indicator, according to "bearish people" in terms of the price of gold investors.
For other metals, silver fell by 1.3% and platinum lost 0.3%. Palladium fell by nearly 1%.

No comments:

Post a Comment