Recently gold market has been risky and market volatility unpredictable. Gold was at 1545 in May but there was a fast growth on the June 1 after the bad news from the USA and lack of investors, who were scared of the risks and left the scene. In next few days the rates became consolidated. On the 6th of June gold pushed resistance at 1631, but not higher. Positive comments on eurozone recovery of the ECB president caused to the fall of gold and as a result of this investors who left the market on June 1 started selling it in order to enter the market.

Social button for Joomla