Forex News

Gold prices fall

Gold prices fell slightly on Friday, despite the fact that the dollar remained at the same level. Prices show the biggest weekly fall in 10 months amid the threat of government shutdown.

Spot gold futures fell 0.5 percent to $ 1,257.35 an ounce after rising more than 1 percent in the previous session. US gold futures fell 0.6 percent to $ 1,260.40 per ounce.

The dollar strengthened after President Donald Trump said that he did not want to sign the short-term balance of expenses approved by the Senate on Wednesday evening due to lack of financing its controversial border wall.

Many analysts expect the dollar to fall in the coming weeks, reflecting a weaker investor confidence in the world's largest economy.

It is still too early to talk about recession, market volatility, the Fed’s political position anyayuschayasya trade tensions caused concern among investors about the economic outlook in 2019. [19659002] Traders expect that sentiment regarding the risk to remain volatile in the coming year.