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66% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
73.43% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 11/10/2023
Fundamental analysis
11 October, 2023
Gold spot price is trading higher today at 1869.3
In the context of the dovish Fed stance and the ongoing depreciation of the US Dollar, gold is emerging as a preferred asset for investors. This dual dynamic is fuelling substantial demand for the precious metal, underlining its role as a safe haven asset during times of economic uncertainty and inflationary concerns. The combination of the Federal Reserve's approach and dollar depreciation is further amplifying this trend.
