9/18/2016

Gold Prices to day goes strong in aline with weakening of Global oil Price


Gold Prices to day goes strong in aline with weakening of Global oil Price
To day monday sept 19th sept 2016, gold continues to strong meanwhile the oil prices continue sloping down.
Comex gold prices today is observed strengthen 0.37% or 4.90 points to $ 1.315,10 per ounce after before at 5.48 am was opened at $1.31
2.20 per ounce.

In the same time US dollar which is the measurement for other currencies is observed to slope down 0.09% or 0.082 points. Meanwhile the investors still to wait the plan of FED rates to increase up to 50% by the end of december while the probability of rate decline 20% to 30% this month. THe increase of interest rate will affect the decreasing of gold interest since it is lest in favour compared to other commodities.

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