• Trade Magnates on Facebook
  • Trade Magnates onTwitter
  • Trade Magnates YouTube Channel
  • Trade Magnates on LinkedIn

© 2019 Trade Magnates. All Rights Reserved

Risk Disclosure: Trade Magnates will not accept any liability for loss or damage as a result of reliance on the information contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
Trade Magnates would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Hence, Trade Magnates doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Please be also aware that any content in relation to trading signals, technical analysis or any similar information/content, may not be accurate and you should seek multiple information and make your own trading decisions. 
Contact us: info@trademagnates.com Location: United Kingdom

Search

Gold Prices Trading Around Their Highest In Two-Weeks



Trade Magnates - Gold prices were trading around their highest in two-week on Tuesday as investors are watching closely the US tax reform plans progress. Gold futures were up trading at $1,267.20 a troy ounce.

US dollar index was down at 93.14 on Tuesday. The dollar was gaining strength last Friday after Republicans completed their tax bill plan increasing confidence of its approval by the Congress with a senate vote on Tuesday.

Investors are looking ahead to reports on U.S. building permits and housing later Tuesday for further indications on the strength of the housing market. A weaker dollar makes gold less expensive for holders of foreign currency.

#Gold #Commodities #US #TaxReform #USD #Futures #USDollar

XM.jpg
XM2.jpg