Gold price above 1,800 dollars – conciliatory year-end spurt conceivable

Of the gold price is able to hold its ground above the psychological mark of $1,800 in the middle of the week and thus a few days before the end of the year. Investors can thus temporarily put aside their recent interest rate worries. Shortly before Christmas, robust US economic data had fueled concerns about further interest rate hikes.

In the morning, a troy ounce of gold (spot) cost around 1,803 dollars, half a percent less than the previous day.

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