Gold has yet again hit record highs due to safe haven demand.the yellow metal has been rising steadily from march as investors are betting on interest rates cut by the Fed's this year.
Another rulling factor for this rise is led by the depreciation of other currencies against the dollar which is causing the yellow metal to rise together with a strong dollar.
The gold market is currently led by speculations across investors and retail traders so tell me what do you think will happen in the coming months?
#forex #xau/usd
Another rulling factor for this rise is led by the depreciation of other currencies against the dollar which is causing the yellow metal to rise together with a strong dollar.
The gold market is currently led by speculations across investors and retail traders so tell me what do you think will happen in the coming months?
#forex #xau/usd