Thursday, September 30, 2021

Gold Price Continues to Go Down due to The Pressure of USD

 🎁🎁🎁Gold price continues to go down due to the pressure of USD

 - Gold price today on September 30th in the world market continued to go down due to continuous pressure when the USD rose on a large scale and US bond interest rates continued to go up.


 - Gold price in the international market bounced back from the 7-week low.  However, a stronger USD has put a lot of pressure on the recovery of precious metals.

 - The Fed is expected to announce a plan to reduce bond purchases at the next monetary policy meeting in November and the process of gradually reducing the size of asset purchases will start in December this year and end in the middle of the year.  2022. An interest rate hike at the end of 2022.

No comments:

Post a Comment

2 Ways to Multiply Profit by Investing into Stocks

When you start investing into stock , it’s vital to see how you may have the capacity to profit from owning the stock; to personally have a ...