Gold – Gold Prices Steady in Thin Trading
The price of gold took minor losses during trading on Monday, but a lack of significant news limited the precious metal’s bearish trend. By the time markets closed for Christmas, gold was trading at $1658.85 an ounce, down slightly more than $6 from the beginning of European trading.
Today, traders will want to note that the lack of significant economic indicators will make gold vulnerable to seemingly random price shifts. Any mention of the US “fiscal cliff” or the ongoing budget negotiations between US lawmakers may generate volatility in the price of gold.
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Visit Us www.deryworldscorp.web.id
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