The gold price has continued to climb today, brushing off yesterday’s interest rate hike from the US Federal Reserve and according to some analysts the precious metal may be setting itself up for a bigger rally.

For over a month now gold has been stuck in a tight trading range bogged down by the US dollar and fears over just how many interest rate hikes the Fed will deliver this year.

And once again it followed a familiar pattern leading up to the rate decision which has made for some good trading conditions for short term sellers.

“Gold has a habit of falling prior to Fed interest rate announcements and rising soon after,” said Mark O’Byrne, research director at GoldCore in Dublin.

There was a real danger for Gold yesterday which was not the actual rate decision, but the monetary statement that followed which many thought would be hawkish and point to as many as 3 more rate hikes this year from the Fed.

This would have left gold out in the cold as it is not an interest bearing investment and is only popular with investors through capital gains and as a safe haven

In their following statement the Fed were careful not to spook the market and noted that rate hikes were still dependent on solid economic data and gold benefited as a result and more gains are now expected.

“Now that the Fed and the ECB announcements are out of the way and with no real surprises, participants may look at the positive fundamentals again,” which include geopolitical risks, he said. “This should support gold and indeed lead to price gains.”

المواد المنشورة في في هذه الصفحة تم إنتاجها من قبل شركات فيبو جروب، ولا ينبغي اعتباره كتقديم المشورة في مجال الاستثمار بهدف التوجيه رقم 2004/39/EC. علاوة على ذلك لم يتم إعدادها وفقا للمتطلبات القانونية لهدف تعزيز استقلال أبحاث الاستثمار ولا يخضع إلى أي حظر على التعامل قبل نشر أبحاث الاستثمار.

Analyst

عالم التداول ليس له اي حدود

التجارة على CFD والتي هي صكوك صعبة, مرتبطة بمخاطر الفقدان السريع للأموال بسبب الرافعة المالية. نسبة 58% من المستثمرين يخسرون اموالهم اثناء التداول على CFD. عليك ان تأخذ بعين الأعتبار خطر امكانية فقدان جميع اموال الأستثمار في حال عدم دراسة كيفية التداول بالعقود على فرق الأسعار  

IMPORTANT: Please be informed, that our services are available for Professional Clients only. Our website is currently under review for the implementation of the correspondent amendments.

ملاحظة هامة
بالنقر على "متابعة" سيتم توجيهك إلى موقع تديرها شركة فيبو جروب، ليميتد مسجلة في جزر فيرجن البريطانية والتي ينظمها منتدى التعاون الأمني. يمكنك التعرف على شروط اتفاقية العميل بالانتقال وفق هدا الرابط. انقر على زر "إلغاء" لتبقى على هذه الصفحة.