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Gold price resumed falling


十月, 23 2020
watermark Economic news

The price of gold resumed its decline after the morning corrective growth. The current quotation of the asset is $1.899.90 per troy ounce.


In the morning, the price of gold rose within the correction to the level of $1.917.25. By the evening, the precious metal returned to decline again, as investors focused on the talks on stimulating the US economy. House Speaker Nancy Pelosi and US Treasury Secretary Stephen Mnuchin continue to discuss the amount of the economic support package. Pelosi said yesterday that there is progress in the talks and a decision could be made soon.


Also the focus of the markets is the presidential race in the United States. The final debate between incumbent US President Donald Trump and Democratic candidate Joe Biden ended on Thursday. During the debate, the candidates emphasized the difference in their approaches to resolving the issues discussed, but did not provide new information that could provoke a reaction in the markets.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。