If you are a gold trader, you should get ready for a brutal week. FOMC Meeting is scheduled this week. Whenever FED meets something happens in the market. Gold is already down and if FED decides to raise the interest rates, this could be very negative for gold. USD is getting strong, this makes gold… Continue reading Gold Traders Beware This Could Be A Brutal Week For Gold
Category: Metals
What’s Weighing On The Gold Prices?
Gold has made 7% gain YTD. But gold price might go down in the short term. However analysts believe the gold is on an upward trajectory now. Gold price always increase when there is more political uncertainty in the world. Global financial markets can’t stomach political turmoil in the world. When levels of political uncertainty… Continue reading What’s Weighing On The Gold Prices?