Tuesday, 27 August 2019

Gold Price Rally Stoked by Trade War Fears, Silver Price Eyes Fresh Highs

The price of gold is likely to make another multi-year high in the short-term and $1,600/oz+ is possible on a perfect set-up of rising risk and lower rates.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...