How much the gold price has suddenly fallen..?
How much the gold price has suddenly fallen..?
Gold prices have seen a slight dip in the international market today amid various factors. Especially in the international market, it is found at the level of 1716 dollars per ounce. In 2018, the gold price every month, in august saw a decline of around 3%, the 5th consecutive month of decline. This has also raised expectations that it may improve further. So what are the things to watch out for today? What are the key levels? What is the price situation? Let's see. Inflation rates are continuing to rise internationally at an all-time high. Central banks of various countries are making serious efforts to reduce this. In particular, the US Federal Reserve is expected to continue to increase interest rates. So this can be reflected in the value of the dollar which is the main factor determining the price of gold.
Gold prices have seen a slight dip in the international market today amid various factors. Especially in the international market, it is found at the level of 1716 dollars per ounce. In 2018, the gold price every month, in august saw a decline of around 3%, the 5th consecutive month of decline. This has also raised expectations that it may improve further. So what are the things to watch out for today? What are the key levels? What is the price situation? Let's see. Inflation rates are continuing to rise internationally at an all-time high. Central banks of various countries are making serious efforts to reduce this. In particular, the US Federal Reserve is expected to continue to increase interest rates. So this can be reflected in the value of the dollar which is the main factor determining the price of gold.