Banking metals reduce their price


Gold and silver have been under the pressure for several days now. The recent economic data on the US labor market gave a pleasant vawe for the market participants. The positive statistics on the unemployment benefit applications in USA published last week supported the US dollar and reduced the credibility of the banking metalls at the same time. Furthermore, there is no important news publication expected on Monday, thus the further decline of gold's and silver's price is allowed.
Based on the following situation, traders can obtain an opportunity to make a profit  from the confident decrease of such assets as GOLD and SILVER. We would like to remind you that GOLD is available from 3:00 till 20:00 GMT. SILVER will be available for trading from 3:00 and closed at 20:00 GMT.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions.