Gold news.
The price of the precious metal has always pleased those who decided to invest money in gold with surprises, and this time there were some surprises.As soon as forecasts became known in which Trump would win the US presidential election, the price of gold increased, and it seemed that a fairly stable trend had formed.
The surprise was the price drop after the news from India; who would have thought that the fight against the shadow economy could bring down the gold market.
After the Indian government decided to withdraw from circulation and exchange the highest denomination banknotes, Indian investors had no time for buying gold.
And as you know, this country is the largest consumer of precious metal and often forms market demand.
But still, one should not lose optimism; according to the laws of the market, a sharp drop is always followed by, although not a large, increase in price, that is, you can make money on short-term transactions.
You can always find out the current price of gold on the quotes page http://time-forex.com/kotirovki