The price of gold has risen after the announcement of US interest rate decision, which led to the weakening of the American dollar. In the middle of this week the asset has already increased by 2.5%, but after the US negative statistics, it continued to rise further, and has reached its previous maximum value at 1270. Remember, that gold’s value has already risen by 16% during this year. Any negative US data will have a positive impact on the asset’s price.
The price of gold has grown by 1.5% and still continues to rise. Traders have a good opportunity to earn money on a further increase. Remember, that trading will be available from 02:30 to 21:00 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.