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Gold prices rose seen up nearly 5% in January, partly cut losses by 13% in the fourth quarter, when the prospects for tax reductions and infrastructure spending sent equity markets to record highs. Donald Trump's decision on Monday that deposed the Acting Attorney General Sally Yates after he refused to carry out orders to ban some immigrants enter the United States re-ignited uncertainty among investors.
Analysts of Commtrendz Risk Management Services Pvt said that in the short term, the price of gold looks get support. But the overall picture is still weak due to the possibility of higher interest rates, it was the only one that limits huge rise in gold.
Visible Gold Price Rises, As Controversy Policy
Visible Gold Price Rises, As Controversy Policy | |