Prices for gold rose against the background of a weakening dollar due to the trade war


On Friday, gold prices started to grow based on a statement by US President Donald Trump, made during a conversation with a representative of The Wall Street Journal, that he was concerned about the state of the trade balance between the US and Japan. Trump noted that the US was beginning trade negotiations with Japan. Based on this message, the value of gold in the spot market increased by 0.33% to 1,200 dollars 82 cents per troy ounce. On Thursday, gold rose in price to almost a week's high. On Friday, the price of gold futures in the US rose by 0.22% to 1 thousand 207 dollars per troy ounce.

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
Something went wrong