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70% 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% 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 09/10/2023
Fundamental analysis
09 October, 2023
Gold spot price is trading higher today at 1851.8.
Gold price continues to move on an upward trajectory, trading higher around $1,850 per troy ounce during the European session on Monday. The prices of Gold are receiving upward support due to risk aversion, which could be attributed to the Palestine-Israel military conflict.
The ongoing military conflict in the Middle East between Hamas and Israel is being closely watched by the markets. The worry is that the conflict could intensify and extend to other parts of the region, introducing geopolitical uncertainties that might have repercussions on global markets.