World markets face selling pressure

23 февр.

GOLD is presently growing to the rate of 2026. As I cited yesterday, GOLD is presently absolutely on an uptrend.
Today I reminded all people of Canh to shop for GOLD across the 2020>2022 area
Today, all people maintains to shop for GOLD in relation to this rate.
I will add a video with targeted feedback and evaluation soon.
Everyone, please observe this advice for trading!

---------------NEWS--------------
World gold costs generally tend to quiet down below promoting strain after four consecutive growing sessions.

However, the sector gold rate remains pretty strong above the edge of 2,020 USD/ounce and isn't predicted to boom in addition after the USD stabilizes. In addition, the height season for sturdy gold intake in Asian markets is fading away. The marketplace can also remain quiet as expectancies approximately the United States Federal Reserve`s (Fed) economic easing cycle remain driven back.

Recorded through The World & Vietnam Newspaper, at nine:15 p.m. on February 22 (Hanoi time), the sector gold rate turned into indexed at 2,024.10 - 2,025.10 USD/ounce, down 1.6 USD/ounce in comparison to right away previous buying and selling session.

* The global gold rate transformed on the bank's USD alternate charge is presently equal to 60.nine million VND/tael (inclusive of taxes and fees), approximately 17.three million VND/tael decrease than the rate of gold bars bought through SJC withinside the afternoon. .

The global gold rate is presently approximately 11.1% higher (204 USD/ounce) in comparison to the start of 2023. Investors are presently seeking out clues approximately whilst the Fed will reduce hobby prices for the primary time in view that March 2022. Many forecasts say that the Fed will decrease hobby prices at its June meeting.

In the lengthy term, the USD will lower following the Fed's hobby charge cuts. Gold costs hence improved rapidly. Gold is likewise supported through feasible extended instability in Ukraine and the Middle East. There aren't anyt any symptoms and symptoms that geopolitical tensions in those regions will quiet down every time soon. Gold costs are forecast to be supported through bodily gold call for in lots of countries.