Dear traders, greetings! Gold remains steadfast in its price trajectory, currently being traded at 1860 USD per ounce, which reflects a rise of 12 USD per ounce since the early morning.
In light of the ongoing crisis, the value of the dollar has increased in comparison to several other robust currencies. Nevertheless, since the US and Canada markets are closed in observance of Columbus Day, this surge in USD value has not had an impact on the price of gold.
Given this circumstance, potential buyers of gold are demonstrating a keen interest and are expected to drive the price up to 1920.
In light of the ongoing crisis, the value of the dollar has increased in comparison to several other robust currencies. Nevertheless, since the US and Canada markets are closed in observance of Columbus Day, this surge in USD value has not had an impact on the price of gold.
Given this circumstance, potential buyers of gold are demonstrating a keen interest and are expected to drive the price up to 1920.
Comment:
what do you think?
Trade active
Comment:
good luck
Comment:
The USD dropped in price after comments from US Federal Reserve (FED) officials, saying that the FED will not continue to tighten monetary policy because the roadmap to increase interest rates is enough to cool inflation.
Comment:
Will it reach 1900 USD?
Comment:
Trade closed: target reached
