Gold prices continue to rise strongly!
Updated
Hello everyone, let's update the gold price today!
Currently, the gold price is fluctuating around 2728 USD, almost unchanged from this time yesterday, although there was a slight decrease before. This shows that the purchasing power of this precious metal is still strong and stable.
The main reason for gold to maintain its position is thanks to a series of geopolitical tensions in the Middle East along with the hope that the US Federal Reserve (Fed) will continue to loosen monetary policy at its meeting in early November.
In my personal opinion, the gold price's rise has not stopped yet. Although the USD and bond yields tend to increase, the gold price still makes a spectacular breakthrough. Investors continue to put their faith in gold, expecting the price to continue to climb from now until the end of the year!
Currently, the gold price is fluctuating around 2728 USD, almost unchanged from this time yesterday, although there was a slight decrease before. This shows that the purchasing power of this precious metal is still strong and stable.
The main reason for gold to maintain its position is thanks to a series of geopolitical tensions in the Middle East along with the hope that the US Federal Reserve (Fed) will continue to loosen monetary policy at its meeting in early November.
In my personal opinion, the gold price's rise has not stopped yet. Although the USD and bond yields tend to increase, the gold price still makes a spectacular breakthrough. Investors continue to put their faith in gold, expecting the price to continue to climb from now until the end of the year!
Trade active
niceTrade active
2745
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.