Gold price today
Hello amazing friends,
Today, the price of gold in the global market has sharply dropped to $2,042.7 per ounce. Compared to the beginning of yesterday, this precious metal has decreased by nearly $20, marking the most significant decline in the past three weeks.
The price of gold went down after the release of the latest meeting minutes from the U.S. Federal Reserve on January 3rd, as it indicated that the central bank is not yet ready to lower interest rates.
Therefore, it is essential to closely monitor important market news in order to grasp the trend for this precious metal in the coming period.
Today, the price of gold in the global market has sharply dropped to $2,042.7 per ounce. Compared to the beginning of yesterday, this precious metal has decreased by nearly $20, marking the most significant decline in the past three weeks.
The price of gold went down after the release of the latest meeting minutes from the U.S. Federal Reserve on January 3rd, as it indicated that the central bank is not yet ready to lower interest rates.
Therefore, it is essential to closely monitor important market news in order to grasp the trend for this precious metal in the coming period.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.