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How much is 2017 gold price? Forecast of 2017 gold price trend

How much is 2017 gold price? Forecast of 2017 gold price trend

4hw.org: last year, due to the depression of the gold market and the weakness of the global economy, the price of gold fell all the way. However, this year has begun to pick up. No matter as investment or consumption, we should start again after we are optimistic about the market. Let's take a look with sihai.com!

The recent weak US economic data, especially inflation data, has raised questions about whether the Federal Reserve can raise interest rates again this year, while other major central banks, including the European Central Bank and the Bank of England, have hinted at a more hawkish stance of tightening policy, two factors working together to hold down the dollar. Last year, due to the depression of the gold market and the weakness of the global economy, the price of gold fell all the way, but this year has begun to turn around

In addition, Mitch McConnell, the Senate majority leader, admitted Monday night that the proposal failed because two Republican senators opposed Trump's health care reform, meaning Republicans may not get enough votes to pass it. As a result, the U.S. dollar was hit and gold was boosted. At the same time, India's physical gold demand is expected to rise, which also supports the gold price. Yesterday, the international gold price rose nearly $10 to stand at $1240. (this article is edited and collated by sihai.com, reprinted and noted with source, original link: http://www.4hw.com.cn/life/)

As of 9:44 on July 19, Beijing time, the main contract price of Shanghai gold rose 0.09%, that of New York gold fell 0.06%, and that of London gold fell 1241.76%. Last year, due to the depression of the gold market and the weakness of the global economy, the price of gold fell all the way, but this year has begun to turn around