Top

How profitable is it to invest in gold?

How profitable is it to invest in gold?
How profitable is it to invest in gold?

On the morning of December 30, due to the strengthening of the US dollar, the price of gold fell slightly.

According to Report.ge, the price of February gold futures on the New York Stock Exchange fell by 0.3%, to $ 5.45, and amounted to $ 1,800.25 per ounce.

Negative dynamics were observed on Thursday morning in the precious metal market, caused by the strengthening of the US national currency. The dollar index increased by 0.07% to 96 points.

As the dollar rises, gold becomes a less profitable asset for other currency holders, causing demand for it to fall.

Experts expect that soon the price of the precious metal will fall to $ 1,790-1,815 per ounce.

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

Last added

Latest news



orphus_system