Gold Prices Are Falling Deep To The Area Of 47 Million / Tael

High yields of US government bonds make investors see gold loss of attractions and semi-removal of <: 00/1: southern national transactions 29-9, gold prices dropped sharply to 1,728 USD / Ounce, equivalent to 47.9 million. Compared to yesterday, the gold price takes up to VND 600,000 / tael. With this price, gold is continuing to trade in a variety of pressures and is also the 3rd week of gold discounts. Recently due to the policies of the US Federal Reserve (FED) affecting the USD and bond income, thereby pushing gold prices to go down

. Also, high yields of US government bonds also Making investors to see gold gradually lose their attraction and sell off. However, gold prices still have the opportunity to return if the US government ceiling problems are not resolved soon. American Finance Minister Yellen Speaking to the Senate that if not raised in time, the US will default This can cause financial crisis and weaken the dollar. Once the dollar declines, the price of gold has increased sharply.

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