Equityworld Futures-Gold prices moved lower back this morning, Friday (11/04/2016).The price of gold after a two-day rally, on 1 and 2 November 2016 until kemabli touched 1,300, began to weaken.
Emax Comex weakened. -.
Comex gold December contract this morning, pk. 6:54 pm fell 0.02% to US $ 1,303.1 per ounce. Yesterday gold fell 0.37% to US $ 1,303.3 per ounce.The gold market rally in the market currently awaiting a decision by the Federal Reserve did not raise interest rates in November, and is still open to the Fed Funds Rate option to increase this year.The gold market is also not disturbed by market conditions begin to anticipate the unexpected victory of Donald Trump, the US presidential candidate of the Republican Party in the elections of 8 November 2016.
Read : Equityworld Futures : Gold Prices Rise Assisted weakening US dollar and the US Presidential Election Tight Competition
In fact, some analysts predict sentiment Donald Trump can 'heat up' the action of the gold market, could even touch the level of 1400Megingat today, at a time when intense competition between Trump with Hillary Clinton, presidential candidate of the Democratic Party, pushed the market hunting for safe-haven assets."If Donald Trump elected next week, gold can go to the level of US $ 1,400 (per ounce)," said Wayne Gordon, Executive Director Commodities and Foreign Exchange UBS Group AG as quoted by Bloomberg, Friday (11/04/2016).
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