GOLD 0.51% $1,391.7 gold futures

Inflation high in Europe, increase in interest rates, european...

  1. 534 Posts.
    Inflation high in Europe, increase in interest rates, european currency increase and USD goes down, gold and commodities goes up.

    But in Australia, interst rate will go down, A$ goes down, and
    price for gold producers in Australia will benefit from this!


    Anyway, short term gold looks like touching 750 before it touches 850 due to the US election.


 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.