Gold And Silver Testing Weekly Lows Amid Rally On US Dollar

Tuesday, 04/09/2018 | 11:08 GMT

Disclaimer

Gold and Silver prices are testing the weekly lows on the start of the EU trading session amid the rally on US dollar and escalation of the trade war tension.

Gold and Silver sold off hard this morning, losing -0.5% and -1.5%, trading at $1.194 and $14.30 respectively at 11:00 GMT+3 amid strong US dollar which the DXY (US dollar index against 6 major pairs) raised +0.40% to 95.50.

Trade war fears escalated today as the US-Canada trade agreement (NAFTA) is still pending and also the Trump administration is willing to impose 25% tariffs on $200 billion Chinese imports on September 05.

Read More

Exclusive Capital Ltd. Review

Source: https://www.exclusivecapital.com/gold-and-silver-testing-weekly-lows-amid-rally-on-us-dollar/

Disclaimer

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}