The price of gold rose due to the falling dollar.It is caused by the Fed's policy related to the insufficient pace of interest rate increases this year.On the New York Mercantile Exchange,gold prices for delivery in April rose to $1228 an ounce.Investors are uncertain due to the lack of detail regarding the pace of interest rate hikes this year by the Fed.
The Fed's two days meeting announced that it would gradually increase interest rates in 2017 probably three times. The US central bank raised the interest rate from 0.75% to 1.00% in line with expectations.Jobless claims economic data from the US didn’t affect the value of gold. The price of silver rose to $17.38 an ounce.
The price of gold was under the influence of milder tone after a meeting of the Fed. It was recorded growth.The upward trend has lasted for four days in a row. The movement of the price of this precious metal has stopped rising trend line.
Gold traded at the level of 1229 an ounce.It is lower by 0.37%.Bullish bias above 1226 with targets 1235 and 1239 an ounce in extension.A support base has formed and has allowed temporary stabilization.
gold prices are moving on up, flight to safety, weaker dollar, no-go on Trump agenda you name it it's helping. I'm trading a call, entry below $1260. NADEX traders look to buy the $1269.5 at $38, end of week.
The gold price rises during European trading session.It is currently around the highest value in the last month.Janet Yellen will speak at 1pm by EST time zone.It may also be reflected in the movement of the US currency and the price of this precious metal.The price of gold has risen 0.11%. Bullish bias with targets 1258 and 1261 in extension.
The gold price hit resistance, just above $1250, and is not looking bullish anymore. The dollar is expected stronger which means that gold is heading lower, how low is the question. I'm trading a put with entry as close to $1250 as I can get. NADEX traders look to sell the $1240.50 at $60, end of week.
The gold price rose during Asian trading session. The gold price increases rose after demand for safe investments increased due to the upcoming visit of Chinese President Xi Jinping and the US President Donald Trump.
In the US will be posted information about the trade balance and the factory orders. It may affect the price of this precious metal. The price of gold has increased by 0.36%. Further advance with targets 1260 and 1263 in extension.
The gold price rises during Asian trading.The price of this precious metal rose in response to geopolitical risk in the world.The latest comments of Janet Yellen indicated that the possibility of a faster increase in interest rates had a positive impact on the dollar.
The price of gold can fluctuate during today's trading session.During Asian trading the price of gold has increased by 0.39%.The RSI broke above a bearish channel. Further advance with targets $1259 and $1262 an ounce in extension.
the flight to safety, its happening again, not too late, I'm just going for 3 days though, be careful. Entry below 1290. NADEX traders look to buy the $1283.50 at $57.50, end of week, take profits early if possible.
The price of gold during Asian trading dropped slightly before a meeting of the US vice president with Japanese officials in Tokyo.The topic will be the situation regarding North Korea.Otherwise,on the published information that North Korea failed with the final testing of nuclear weapons. Gold has lost some gains but decreased by 0.5%. It is traded at around $1285 an ounce.