Tuesday, 3 October 2017

How did the silver and gold present in September?

Gold fell on the last day of last week, ending with a fall of 0.3 percent to 1 283.61 points. Metal futures with delivery in December ended at $1 284.80 per ounce.
Thus, gold ended the month with a decline of 2.8%, although for the quarter it recorded a growth of 2.9%.
Now the question among all investors is where will the gold take?
There are two factors that completely oppose each other and separate the investment opportunity of radically opposing views on the raw material.
First, the dollar is rising, and signs of inflation in the United States are driving investors to think of a further rise in interest rates by the end of the year. And as we know, gold is in the opposite direction to the direction of the dollar.
On the other hand, gold proponents point to increased geopolitical tensions in connection with what is happening between the United States and North Korea, as well as political instability in Germany and contradictions in Washington.
Meanwhile, silver ended the week with a decline of 0.6% to 16.73 dollars per ounce and for the month it lost 5.1%.


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