27.01.2016 - Gold may rise after the Fed statement

The price of gold corrected downward after strong growth, which was caused by the increasing demand for defensive assets. Today is forecasted the rise of price volatility after the publication of the Fed statement on monetary policy. Analysts do not predict changes in the parameters of monetary policy, and will follow the rhetoric of the statements. In the case of softer statements, which will reduce the probability of monetary policy tightening in the near future, the price of gold will continue to grow. We expect a gradual increase in prices of gold, but its potential is limited.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.