Gold reached fresh high
The price of the precious metal rose to its 4-month high and amounts now to $ 1327 per ounce. The reason for the growing gold price was the weakening of the US dollar that fell sharply in price against the background of the upcoming economic reports on inflation and the volume of retail sales. The decision of the Chinese authorities to suspend the further purchase of US government securities also affected the rapid gold growth.

The precious metal continues to actively trade near its maximum value and maintains a positive trend. Do not miss an excellent opportunity to earn on further asset growth. Let us recall, Gold will be available for trading from 02:00 to 21:00 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