Gold has reached its 3-month low and continues to decline. Such sharp and prolonged reduction was caused by the statement of the US Federal Reserve System to likely increase the interest rate. Furthermore, the US data during the last week was mostly positive, and had even stronger impact on the negative trend. As a result, the price of gold has fallen by $36. It is worth noting, that due to the USD’s strengthening, the asset has decreased by 6% in May.
Gold continues to fall in price. Do not miss this good chance to earn money on the asset’s further decrease. Remember, that trading will be available from 2:30 to 21:00 GMT time.
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