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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.
70.41% 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. 70.41% 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 12/11/2021
Fundamental analysis
12 November, 2021
Gold prices fell on Friday, breaking a six-session rally as a firmer dollar took some shine off the metal, but concerns over persistent inflation kept bullion on track for a second week of gains. The dollar rose to its highest since July 2020, making gold more expensive for buyers holding other currencies. The greenback has further scope for gains with major central banks lagging in terms of rate hikes, and in this scenario gold may suffer due to the inverted correlation. But the metal is still on track for a weekly gain, after U.S. consumer prices recorded their sharpest jump in over 30 years last month and drove demand for bullion, seen as an inflation hedge.
