Abstract:Following two sessions of significant losses that drove prices to a nine-month low, gold prices increased on Thursday as a break in the dollar's uptrend prompted some investors to buy deals. As the USD declined over worries about the growth rate, the price increased throughout the Asian hours.
Gold rose on Thursday as a pause in the dollar's rally encouraged some investors to snap up bargains after two sessions of heavy losses that sent prices to a nine-month low. The price jumped during the Asian hours as the USD dropped amid concerns on the growth rate.
Currently, gold trades at around $1811.37, which is another rise of $0.68 or 0.04% from the previous close of 1810.69.
The daily trading range is from $1805.43 to 1814.20, while the trading volume is 75.736K.
The USD which is in general into a reverse relationship to the precious metal, slipped this morning.
Benchmark U.S. 10-year Treasury yields fell to their lowest level in a month on Friday.
Soft U.S. data indicated in lower risks for this Fridays June payroll report.
The leading consumer China entered into recovery back slowly as COVID-19 curbs eased.In the meantime, silver added 0.62%, while Platinum tumbled 0.44%.
This article evaluates the broker from multiple dimensions, including a basic introduction, fees, safety, account opening, and trading platforms.
This article evaluates the broker from multiple dimensions, including a basic introduction, fees, safety, account opening, and trading platforms.
IVY Markets, established in 2018, positions itself as a global brokerage offering a diverse range of trading instruments, including Forex, Commodities, Cryptocurrencies, and Stocks. The platform provides two primary account types—Standard and PRO—with a minimum deposit requirement of $50 and leverage up to 1:400.
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