World gold prices plummeted, any opportunities for investors?

14 ביוניSELL
2320-2335
TP 228x
Spot gold rate on the arena marketplace this afternoon June 14 stood at 2,313,3.7 USD/ounce, up 10.1 USD/ounce. Gold futures rate stood at 2,326.1 USD/ounce, up 9.6 USD/ounce. Thus, in comparison to this morning`s buying and selling session, international gold increased.

Commenting at the gold rate trend, a few specialists consider that the gold marketplace continues to be below strain as traders hold to investigate facts on the US Federal Reserve's June financial coverage meeting ( FED). Any selections on financial coverage through the FED will rely upon the precise state of affairs of the economy.

Despite being below strain, the truth that gold continues to be above 2,three hundred USD/ounce proves that consumers nonetheless actively don't forget corrections and rate drops as true possibilities to boom gold holdings. Although the FED is slower than different crucial banks in loosening financial coverage, as soon as the selection to reduce hobby charges is made, gold will boom.


Investors are predicting that 64% of the FED will reduce hobby charges in September, down from 71% formerly predicted.

Market analyst Carlo Alberto De Casa of Kinesis Money stated that, regardless of the strain, the truth that gold continues to be above 2,three hundred USD/ounce proves that consumers are nonetheless actively thinking about corrections and rate discounts as possibilities. Good possibility to boom gold holdings.

Founder and Chairman David Rosenberg of Rosenberg Research stated that despite the fact that the FED is slower than different crucial banks in loosening financial coverage, as soon as the selection to reduce hobby charges is made, gold will boom. Last week, each the European Central Bank and the Bank of Canada determined to reduce hobby charges.