Gold Price Climbs on Weak Chinese Market

According to WJS (wall street journal ) gold prices climbed on Thursday , helped by some unknown reason and weak trade from China. The precious metal market gets some support from minutes from the September meeting of U.S. Federal Reserve that policy maker split over the next rate increase.

 

SO this is a good time to sell your stock or just hold on to it or maybe buy more? The currentĀ market still not stable to make well predicts what will happen. A weaker us dollar helped boost the gold price on Thursday. WSJ dollar index shows that dollar down by 0.3% at 88.13. Since gold price in US dollars that becomes cheaper for foreign buyers when the U.S. currency falls.