Gold prices are on the rise again. The safe-haven asset is responding to a worsening market mood amid the coronavirus crisis. The US state of California – home to Silicon Valley – has declared a state of emergency after confirming the first death from the disease. Moreover, the virus is spreading all over the world and causing disruptions. After a spell of calm and a rate cut by the Fed, the precious metal is on the rise again. IT is trading around $1,64, the highest this week. The next level is $1,660, then the temporary high support at $1,670, and then the seven-year high of $1,689. Support awaits at $1,635, followed by $1,625. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Coronavirus update: Iran closes schools, 21 new infections in Greece, HSBC employee tests positive FX Street 2 years Gold prices are on the rise again. The safe-haven asset is responding to a worsening market mood amid the coronavirus crisis. The US state of California – home to Silicon Valley – has declared a state of emergency after confirming the first death from the disease. Moreover, the virus is spreading all over the world and causing disruptions. After a spell of calm and a rate cut by the Fed, the precious metal is on the rise again. IT is trading around $1,64, the highest this week. The next level is $1,660, then the temporary high support at $1,670, and then… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
