Hello dear friends. We are entering a new week and encountering quite a few market fluctuations, aren't we? In the morning trading session on September 11th, the price of gold decreased by 0.02% to $1,918.3 per ounce. However, it quickly returned to the price level of $1,923 and remained relatively stable within this range.
It is evident that gold prices started the week with a slight decrease while strong economic activity continues to support the US dollar. Consequently, gold is trapped within its current trading range.
"The US dollar remains in a favorable position to rise higher and this will pose challenges for gold. Gold will have its shining days but not this week."
Wishing you all a new week filled with good luck and many great victories. If you find this article interesting, please like and share it.
It is evident that gold prices started the week with a slight decrease while strong economic activity continues to support the US dollar. Consequently, gold is trapped within its current trading range.
"The US dollar remains in a favorable position to rise higher and this will pose challenges for gold. Gold will have its shining days but not this week."
Wishing you all a new week filled with good luck and many great victories. If you find this article interesting, please like and share it.
