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Thread: #GOLD by SGT Markets

  1. #1
    Lucas_SGT_Markets is offline Senior Member
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    Default #GOLD by SGT Markets

    The price of gold has increased during European trading. Gold is a secure investment in insecure times. Tensions on the Korean peninsula are "pushing" the price of gold from Sunday. An additional increase in demand for safe investments has been raised by Russia's President Vladimir Putin, who said that a conflict in the Korean peninsula would lead to a disaster. During European trading, the price of gold rose by 0.44%.

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  2. #2
    Lucas_SGT_Markets is offline Senior Member
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    During the Asian trade, the price of gold slightly corrected the gains from the last two days. Gold at around 8:35 am is traded for $ 1337 for a fine ounce.

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  3. #3
    Lucas_SGT_Markets is offline Senior Member
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    The price of gold has increased during European trading. The price of this precious metal remains at its highest value in the past year as a reaction to the escalation of tensions in the Korean peninsula. During European trading, the price of gold rose by 0.03%.

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  4. #4
    Lucas_SGT_Markets is offline Senior Member
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    The price of gold has increased during Asian trading. The success of US President Donald Tramp in the Senate over the country’s maximum debt limit sent a positive sentiment to the financial market, so that after a few days certain investments were weakened. However, tensions on the Korean peninsula are still present, as South Korea has previously announced that its northern neighbor could test the intercontinental ballistic missile for the weekend. During Asian trading, gold prices rose by 0.10%.

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  5. #5
    Lucas_SGT_Markets is offline Senior Member
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    The price of gold rose during the Asian trade and awaited a possible new launch of North Korea's intercontinental missile, scheduled for September 9th. Gold at around 8:35 pm is traded for $ 1353 for a fine ounce.

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  6. #6
    Lucas_SGT_Markets is offline Senior Member
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    Gold has fallen to its lowest value in the past over a week, below the level of 1330. Demand for gold has dropped significantly since the North Korean problem has lost its intensity. On the other hand, the US dollar used the opportunity and gained value along with the improvement of the sentiment across the stock market. This made additional pressure on the price of gold. However, North Korea's problem is far from being resolved, given that the UN Security Council last night approved additional sanctions for North Korea. This resolution aims to reduce the import of refined oil to 2 million barrels per year, to ban the export of textiles and to allow countries to freeze cargo of cargo ships whose operators do not approve for open sea inspections. For the following day, the calendar suggests that new job information for Jolts Job Openings could attract investors' attention. The gold last recorded at the level of 1325.00.

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  7. #7
    Lucas_SGT_Markets is offline Senior Member
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    The price of gold declined during the Asian trade, and it seems that North Korea's latest missile launch missile did not leave the impression of a safe investment. This morning the price of gold is traded for $ 1330 for a fine ounce .

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  8. #8
    Lucas_SGT_Markets is offline Senior Member
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    Gold this morning was traded for $ 1309 for a fine ounce.


    https://sgtmarkets.com/en/market-news/gold-price/

  9. #9
    Lucas_SGT_Markets is offline Senior Member
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    Gold prices rose during Asian trading. Yesterday's sharp rhetoric of US President Donald Tramp in front of the United Nations General Assembly did not have much impact on safe investments, primarily because investors are waiting for US Federal Reserve's decision on the interest rate that will be announced at 20:00 pm tonight. After that, officials of this institution will hold a press conference, which is expected to publish more detailed information on the reduction of the balance sheet of the Federal Reserve. During Asian trading, the gold price strengthened by 0.46%.

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  10. #10
    Lucas_SGT_Markets is offline Senior Member
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    The price of gold was considerably weakened during Asian trading. US Federal Reserve announced last night that they would keep the overnight interest rate at an existing level of 1.25%, but it was left the chance to make another increase during this year. Also, Federal Reserve announced that in October of this year the reduction of the balance sheet of this institution will begin. As a reaction, the US currency has strongly strengthened, while secure investments such as gold declined significantly. Today, at 14:30 in the United States, information will be released on the number of applications to help new unemployed persons, while at the same time publishing the Philadelphia Sector Processing Index, which may additionally affect the price of gold. During Asian trading, the price of gold declined by 1.15%.

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    https://sgtmarkets.com/en/market-news/gold-price-2/

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