LiteForex - Analytics

LiteForex

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XAU/USD: in the narrow channel on 02.06.2015

At the closing session of COMEX trades on Monday August gold futures fell by 0.1% up to $1188.70 per ounce. Due to expectations of the interest rate increase in the USA interest in gold is decreasing, while bonds and shares now represent assets, generating higher income. Ambiguous US economic news prevents further decline in gold. 

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