Concerns Over Rising US Inflation, Pressurea Gold Price


Jakarta - The price of gold on Monday (13/9)  may experience pressure, triggered by expectations of rising US inflation, which opens up opportunities for tapering policies.

"This has triggered the weakening of gold prices," said Commodity Observer Ariston Tjendra in Jakarta.

He explained that the tapering of the US dollar will strengthen so that commodity prices in US dollars will be depressed.

Pressure on gold is still possible to continue, with the support level in the range of US $ 1,780 per troy ounce is likely to hold the decline.

If US$1,780 per troy ounce is successfully broken down, a decline to the range of US$1,750-1,760 per troy ounce will open.


Penulis : Widya