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78% of retail investor accounts lose money when trading CFDs with this provider.

Gold's potential is on the rise
Gold's potential is on the rise

Gold's potential is on the rise

The latest reports show that the GDP growth rate in the United States has dropped sharply.

New signs of the US economy's weakness are providing reasons to expect the Federal Reserve to raise its interest rate by 0.50% in December as opposed to 0.75%. This is putting pressure on the dollar. The American currency's weakness could provide gold a chance to rise.

XAU/USD

Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.

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