The market had discounted the rate cut announced by the ECB yesterday, however the price of gold rose with the news and this, moreover, despite the daily sales via gold ETFs. For now the immediate band for the price of gold is 1450-1490 dollars, with a wider range of 1400-1500 dollars.
The market had discounted the rate cut announced by the ECB yesterday, however the price of gold rose with the news and this, moreover, despite the daily sales via gold ETFs. For now the immediate band for the price of gold is 1450-1490 dollars, with a wider range of 1400-1500 dollars.
May 3
Timothy Pickford
PRECIOUS ARGYOR (AMPSA)