Gold had a healthy rising on Monday

Gold had a healthy rising on Monday

By: Oliver Miller | Where To Trade | On:Monday, 16 January, 2017
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  Gold prices had a good result on Monday, getting closer to what seem to be the healthiest level in the last two months.
The results came in a time when British Prime Minister Theresa May talks about Brexit and the President-elect of the United States of America, Donald Trump, is to be inaugurated later this week.

  The delivery of Gold for the month of February reached $ 1,208.70 a troy per ounce, going up $7.00, by 0.6%.
Gold was also supported by the questions that are hovering  the interest rate hikes promised by the Federal Reserve, who declared in December of 2016 that in 2017 markets should expect more than three rate increases.

  Traders were skeptical and expect only two rate hikes in 2017. This lag had a positive influence on the gold, but a negative influence on the American dollar.

Meanwhile, the silver futures for the Month of March went up by 0.5%, reaching $16.84 a troy per ounce. 
Platinum had a zigzag course, reaching $986.40. 

Palladium rose by 0.4%, reaching $751.75 per ounce.

Copper went down 0.2$, reaching $2.686.

Oliver Miller

Oliver Miller

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Oliver Miller is one of the best financial analyst with 18 years of online trading experience

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