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Two major pieces of news from Russia and Ukraine, gold surges again! Gold price soars nearly $15 within the day. How to trade gold.
In early European trading on Thursday, spot gold accelerated its short-term rise, with the price approaching $2665 per ounce, a nearly $15 surge intraday. FXStreet senior analyst Dhwani Mehta pointed out that the gold price is at its highest level in over a week. Geopolitical risks continue to support the traditional safe-haven gold prices.
Is the turning point of gold and US stocks approaching? Keep a close eye on this important time node!
Analysts point out that historically, after elections, the timing of the US stock market cooling down and the gold rebound is the same. The most likely failed type of 'Trump trade' today is......
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