Gold advanced

Market news

12 August 2015

Gold advanced

Gold climbed for the fifth session in a row. It reached $1,112.20 (+0.41%) after Tuesday's surprise 2% devaluation of the yuan hit equities around the globe. This morning the yuan fell further. However bullion's potential gains are limited by expectations of a rate increase in the U.S. in the coming months. Economists believe that China's currency devaluation is unlikely to cause the Fed give up its plans.

Oil prices slid further

Options levels on wednesday, August 12, 2015:

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.