Gold price plunged by more than 20 dollars at 1,700 dollars

Gold future price 黄金期货价格 Giá vàng trong tương lai

The price of gold futures plummeted by more than $ 20, falling below $ 1,700 today. From the forecast that The amount of gold in the market will increase. While the gold maker returned to production After the production was halted during the outbreak of the Covid-19 virus.

Gold prices are also affected by the investor’s exposure to risk. Responding to countries beginning to loosen down lock measures

At 23.33 hrs. Thai time, gold contract COMEX (Commodity Exchange) for delivery in June. Fell 23.30 dollars or 1.36% to 1,687.30 dollars / ounce.

In this regard, the 2 largest gold production companies in the world revealed that The company is able to revive gold production to its full potential.

In addition, gold prices are also under pressure from the appreciation of the dollar. Which has reduced the attractiveness of gold By making gold contracts more expensive for holders of other currencies

The dollar index, which is a measure of the movement of the dollar against 6 major currencies in the basket, has jumped 0.4% to its highest level in more than a week.

The SPDR Gold Trust, the world’s largest gold ETF Increase gold holding to the highest level since April 2013.

5 comments on “Gold price plunged by more than 20 dollars at 1,700 dollars

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