Strengthening dollar pressures gold prices
The dollar is supported by positive statistics, with Durable Goods Orders, excluding defence goods, in the US rising by 3% in May and consumer confidence nearly reaching its 18-month high. New home sales also saw an impressive 12.2% growth. The strengthening dollar is putting pressure on gold's price.
Why to trade with Libertex?
- access to a demo account free of charge
- technical assistance to the operator 5 days a week, 24 hours a day
- leverage up to 1:500
- operate on a platform for any device: Libertex and Metatrader 4 and 5
- no commissions for extractions in Latin America
Experience the excitement of trading!
Try our risk-free demo account