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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.91% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 13/10/2021
Fundamental analysis
13 October, 2021
Gold prices rose on Wednesday, boosted by concerns of an economic hit from soaring energy prices and a slight retreat in the dollar, as investors braced for U.S. inflation data. Fed policymakers said on Tuesday the economy has healed enough for the central bank to begin withdrawing its crisis-era support, cementing expectations for tapering as soon as next month. Gold is traditionally seen as an inflation hedge. However, reduced stimulus and interest rate hikes push government bond yields higher, which translates into a higher opportunity cost for holding non-yielding bullion.
