"The drop in demand for safe-haven assets, the risk of profit-taking and the possibility of strengthening dollar put further pressure on gold," - said Norbert Rücker from Julius Baer.
The US Dollar Index, showing the US dollar against a basket of six major currencies, was up 0.62%, thus reaching 11-week high. Since gold prices are tied to the dollar, a stronger dollar makes the precious metal more expensive for holders of foreign currencies.
Chicago Fed Evans pointed out that the US economy is on solid ground, and rising interest rates in December, may be justified. "It would not be surprising if at the December meeting, I will agree to raise rates", - said Evans. He also noted that the potential for global economic growth has slowed, and neutral rate - one that neither stimulates nor hinders the economy - has moved lower, so it is worth reviewing the old political guidelines.
According to Pimco, the Fed could raise rates two or three times before the end of 2017. "We expect that the growth of the US economy in 2017 will return to a range of 2% -2.5% per year due to increased investment activity and rising consumer spending. Economic growth and inflation from 1-1.5% to 2-2 , 5% in 2017 will allow the Fed, according to some other market indicators, increase the rate two or three times before the end of 2017 ".
The cost of the October futures for gold on the COMEX fell to $ 1253.8 per ounce.

© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.