The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind.
Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

.

Author Topic: Gold futures prices narrow The solid dollar blocks the positive range in the mar  (Read 997 times)

Darren Criss

  • Guest
Gold futures prices narrow The solid dollar blocks the positive range in the market.

Gold futures prices narrow today. Among the positive and negative factors that affect the market

Gold contract on COMEX (Commodity Exchange) for delivery in Feb. plus $1.10 or 0.06% to $1,812.80/ounce

The price of gold was supported by orders as a safe haven asset. Amid concerns about the spread of the COVID-19 virus Omicron species

However, gold prices are still under pressure from the strong dollar. which will reduce the attractiveness of gold by making gold contracts more expensive for holders of other currencies.

Experts predict that gold prices could rebound next year. This was driven by concerns about inflation. which will be a boost to gold which is an asset to hedge against inflation

Analysts expect trading to be quiet this week. As the end of the year approaches



Ayanda

  • Guest

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
551 Views
Last post September 10, 2021, 06:38:17 AM
by Dimberry
0 Replies
487 Views
Last post September 22, 2021, 04:10:05 AM
by joyboyna
3 Replies
1128 Views
Last post March 26, 2022, 01:32:27 AM
by Kevin Durant
0 Replies
311 Views
Last post February 22, 2023, 06:00:26 AM
by DavidAlt
1 Replies
218 Views
Last post June 01, 2024, 07:32:49 AM
by JerryDiola


-

Discussion Forum / 论坛 / منتدى للنقاش/ Diễn đàn thảo luận/

-
Disclaimer : The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind. Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

By viewing any material or using the information within this site, you agree that it is general educational material whether it is about learning trading online or not and you will not hold anybody responsible for loss or damages resulting from the content provided here. It doesn't matter if this website contain a materials related to any trading. Investing in financial product is subject to market risk. Financial products, such as stock, forex, commodity, and cryptocurrency, are known to be very speculative and any investment or something related in them should done carefully, desirably with a good personal risk management.

Prices movement in the past and past performance of certain traders are by no means an assurance of future performance or any stock, forex, commodity, or cryptocurrency market movement. This website is for informative and discussion purpose in this website only. Whether newbie in trading, part-time traders, or full time traders. No one here can makes no warranties or guarantees in respect of the content, whether it is about the trading or not. Discussion content reflects the views of individual people only. The website bears no responsibility for the accuracy of forum member’s comments whether about learning forex online or not and will bear no responsibility or legal liability for discussion postings.

Any tutorial, opinions and comments presented on this website do not represent the opinions on who should buy, sell or hold particular investments, stock, forex currency pairs, commodity, or any products or courses. Everyone should conduct their own independent research before making any decision.

The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain individual trading advice based on your own particular circumstances before making an investment decision on the basis of information about trading and other matter on this website.

As a user, you should agree, through acceptance of these terms and conditions, that you should not use this forum to post any content which is abusive, vulgar, hateful, and harassing to any traders and non-traders.