YLG Bullion International Limited reports the price of gold on November 20, 2018 and the gold trading trend.
Gold prices closed yesterday, up 2.86 dollars per ounce. Gold prices are still supported by the weakening US dollar against the US Federal Reserve (FED) rate hike which may face uncertainty over the risk of a global economic slowdown. In addition, the dollar has experienced increasing pressure. The NAHB home builders confidence index fell 8 points to level 60 in November on a monthly basis. The Dow slumped 395.78 points, or -1.56 percent, the S & P500 fell 1.66 percent and the Nasdaq fell -3.03 percent, led by Apple and shares. This technology is falling. Both risk assets have been under increasing pressure from concerns about the China-US trade dispute. The US dollar will remain unchanged over the next few weeks, with the weakening dollar and falling risk assets. Increased ownership of gold with +1.18 tons today. Track disclosure of construction permits and initial numbers of US home construction.