Gold extends gains to $1880?
Updated
Hello dear readers! It's a pleasure to engage in this first conversation with all of you! Just as predicted in the previous weekend session, Gold opened at 1,849 USD/ounce, experiencing a significant increase of 16 USD/ounce compared to the previous week.
The buying demand for gold when prices dropped to their lowest level in 7 months has helped the precious metal recover. Despite the US Dollar index maintaining its high level around 106 points on the international market, gold prices continued to rise.
Due to buyers' interest in pushing up gold prices, Gold is currently trading at 1,851 USD with a projected increase reaching 1,880 USD from its opening price of today's session.
The buying demand for gold when prices dropped to their lowest level in 7 months has helped the precious metal recover. Despite the US Dollar index maintaining its high level around 106 points on the international market, gold prices continued to rise.
Due to buyers' interest in pushing up gold prices, Gold is currently trading at 1,851 USD with a projected increase reaching 1,880 USD from its opening price of today's session.
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