- Analytics
- News and Tools
- Market News
- Gold declined slightly
Gold declined slightly
Gold slid to $1,176.30 (-0.10%), although many analysts say that a weaker dollar is likely to support this dollar-denominated precious metal.
ANZ reported that physical demand improved with Russia increasing gold purchases for a second month in September. At the same time exports of the precious metal from Hong Kong to mainland China rose 65% on a monthly basis in September to 59.8 tons.
The median gold price forecast by members of London Bullion Market Association's conference suggests bullion to cost $1,159.88 an ounce (slightly lower than nowadays) in October 2016.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
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.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
