Gold flying over 4 thousand dollars .. The market looks forward to “the next big number”
Gold rose above $ 4,000 an ounce, today, Wednesday, to record a new standard standard driven by investor search for Safe assets , amid the state of economic and political ambiguity, as well as expectations of further reduced interest rates by the Federal Reserve (US Central Bank)." target ="_Blank"> Instant transactions by 0.9% to reach $ 4017.16 an ounce by 04:42 GMT. The US gold futures for December delivery increased by 0.9% to reach 4,040 dollars an ounce." target ="_Blank"> The other precious metals , silver increased in instant transactions 1.3% to $ 48.44 an ounce, platinum profit 2.4% to 1657.33 dollars, and palladium rose 2.3% to 1368.68 dollars. "Rotiz": "There is a lot of confidence in this trade at the present time that the market will look forward to the next large number, which is 5,000 with the possibility of the Federal Reserve continues to reduce interest rates".
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