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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.
EU Session Analysis for CFD Instruments 31/05/2024
Fundamental analysis
31 May, 2024
Gold prices are trading in today’s Asian session above 2340 levels.
Gold prices remained stable during Asian trading on Friday, as traders exercised caution with the yellow metal ahead of the crucial U.S. inflation data (PCE Index), which is expected to influence interest rate projections. Metal markets experienced some relief on Friday following the dollar's decline from its over two-week high during overnight trading, driven by weak GDP figures. However, this relief was limited due to ongoing concerns about persistent inflation and high interest rates ahead of the key inflation data release.