Gold is one of the most yielding trading instruments according to the performance in August
Even a shallow correction at the end of summer amid taking some profits on the gold speculative positions haven’t discouraged gold bulls. Gold closed August with the positive results: ETF holdings increased by 101.9 tons, following a 154.1-ton increase in the June-July period. The indicator reached the level of 2453.4 tons, the highest level since February 2013. Central banks continue boosting gold reserves, hedge funds – adding up to long positions. The most surprising is that the XAU/USD is rising amid the strengthening of the…
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