Gold sets new record
Updated
Hello, wonderful friends! Are you curious about the price of gold this week? The current price of gold is fluctuating around $2093 and has reached nearly $2150 at times.
As a result, gold continued to rise rapidly at the end of last week, as the precious metal was still supported by expectations of a Fed interest rate cut, while technical factors continue to support the upward momentum. Gold ending November at $2010 per ounce has provided a platform for speculators to push prices even higher, as evident in the early trading session this week, reaching the highest level in the history of gold trading.
What about you? Do you think gold can continue to rise or will it decrease again?
As a result, gold continued to rise rapidly at the end of last week, as the precious metal was still supported by expectations of a Fed interest rate cut, while technical factors continue to support the upward momentum. Gold ending November at $2010 per ounce has provided a platform for speculators to push prices even higher, as evident in the early trading session this week, reaching the highest level in the history of gold trading.
What about you? Do you think gold can continue to rise or will it decrease again?
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