World gold prices fluctuated around 2,325 USD/ounce in the first trading hours of the Asian session.
Last week, the gold market continued to move slowly and steadily, as the yellow metal once again traded within a narrow range between 2,300 and 2,340 USD/ounce. Gold prices are expected to be volatile this week as the market receives a series of important data, including employment data and June meeting minutes.
Inflation and the US government's budget deficit are increasing, which firmly supports gold prices. According to this expert, gold prices tend to increase in the long term if the support level of 2,300 USD/ounce is maintained.
Last week, the gold market continued to move slowly and steadily, as the yellow metal once again traded within a narrow range between 2,300 and 2,340 USD/ounce. Gold prices are expected to be volatile this week as the market receives a series of important data, including employment data and June meeting minutes.
Inflation and the US government's budget deficit are increasing, which firmly supports gold prices. According to this expert, gold prices tend to increase in the long term if the support level of 2,300 USD/ounce is maintained.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.