Fundamental analytics


At the markets opening on Monday, gold prices continued to move up and set a new 2-month high value. 

Christmas holidays have made significant adjustments to the market dynamics 

The focus is on PMI data from key economies of the world and FOMC meeting minutes


Gold prices are still within the 1.5-month highs and are held above $1,500.


The oil prices on Monday are traded in the red zone. 


The price of gold continues to rise amid continuing uncertainty in US-China trade relations. 

Christmas week

Trading volatility drops on the eve of Christmas and New Year holidays.  


Locally, gold prices retain an upward movement due to the remaining uncertainty in US-Chinese trade relations. 

The oil prices were in the green zone at the end of Wednesday trading session due to the publication of US data on oil reserves which confirmed the forecasts.