Gold price today (April 16): Increases sharply at the same time
Hello dear friends! Let's review and strategize with me today!
According to Kitco, the world gold price recorded today is around 2,380.95 USD/ounce. Today's gold price is 37.66 USD/ounce different from yesterday's gold price.
Safe-haven demand due to concerns about escalating tensions in the Middle East continued to provide a boost to the yellow metal in the first trading session of the week. Gold prices rose sharply even as the dollar and Treasury yields rose after stronger-than-expected US retail sales data in March raised concerns that the US Federal Reserve (Fed) may could delay the policy pivot.
The combination of geopolitical risks and the prospect of the Fed easing monetary policy in the second half of the year will continue to increase gold's safe-haven appeal. “In many respects, gold is being considered an ‘asset for all scenarios’ thanks to its spectacular resilience.
And you, are you waiting for the gold price wave scenario? The expected target for this scenario is 2500 USD.
According to Kitco, the world gold price recorded today is around 2,380.95 USD/ounce. Today's gold price is 37.66 USD/ounce different from yesterday's gold price.
Safe-haven demand due to concerns about escalating tensions in the Middle East continued to provide a boost to the yellow metal in the first trading session of the week. Gold prices rose sharply even as the dollar and Treasury yields rose after stronger-than-expected US retail sales data in March raised concerns that the US Federal Reserve (Fed) may could delay the policy pivot.
The combination of geopolitical risks and the prospect of the Fed easing monetary policy in the second half of the year will continue to increase gold's safe-haven appeal. “In many respects, gold is being considered an ‘asset for all scenarios’ thanks to its spectacular resilience.
And you, are you waiting for the gold price wave scenario? The expected target for this scenario is 2500 USD.
Trade active
Trade active
Comment:
Related Ideas
