country flagالعربية
0

Gold loses its gains yesterday and returns to the downside

2018-04-12 12:41 pm | Resource: NEWS | No Views : 374



Gold fell during European trade, losing a large part of yesterday's gains and opening today's low, after rising yesterday and recorded the highest level in three months before the shrinking a large part of its gains

Gold prices dropped by 0.81% to reach $ 1351 per ounce, after reaching a low of $ 1349. The pair opened the session today at $ 1352. $ an ounce reaching $ 1355.

It is worth mentioning that the negative developments in the Middle East and the US threats of launching military raids on Syria have increased the fears in the markets and pushed the demand for the increase in safe haven significantly.

Gold prices ended Friday's trading up 0.5%, the first gain in four days, recovering from a low of $ 1,319 / troy ounce, supported by data showing the US economy added less-than-expected jobs in March.

On the silver front, silver lost ground by 0.21% to reach $ 16.77. Silver opened today at $ 16.70 and hit a high of 16.78 and a low of $ 16.78. $ 16.66 per ounce.


Other analysis

Best Opportunities, Vision and Technical Analysis for The Oil 21 March 2019

(CURDE OIL - WTI ) Time frame Used - four hours Oil is moving in a bullish direction in the near term. Oil continues to gain further after breaking the resistance level around 57.87 higher as the bulls managed to push oil to the level of 60.26. In view of the technical indicators Both the RSI and the Stochastic are indicating to the arrival of indicators in the overbought area.…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.