Hello dear friends. We are entering a new week and encountering quite a few market fluctuations, aren't we? In the morning trading session on September 11th, the price of gold decreased by 0.02% to $1,918.3 per ounce. However, it quickly returned to the price level of $1,923 and remained relatively stable within this range.
It is evident that gold prices started the week with a slight decrease while strong economic activity continues to support the US dollar. Consequently, gold is trapped within its current trading range.
"The US dollar remains in a favorable position to rise higher and this will pose challenges for gold. Gold will have its shining days but not this week."
Wishing you all a new week filled with good luck and many great victories. If you find this article interesting, please like and share it.
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