Gold price gets closer to its recent high after the surprising Bank of Japan’s policy shift.
The gold futures contract lost 0.14% on Monday, Dec. 19, as it extended a consolidation along the $1,800 price level. Last week on Thursday it retraced its Tuesday’s rally following Central Banks’ monetary policy releases, stock markets’ declines. On Tuesday gold price reached new local high of $1,836.90. It was the highest since the end of June. This morning gold is getting back higher after the Bank of Japan monetary policy release, as we can see on the daily chart (the chart includes today’s intraday data):

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Welcomes the Minister of Mines and Minerals of Tanzania and the Tanzania-Thailand Chamber of Commerce


Mr. Somchai Phrajindaraks , President of the Gem Jewelry and Precious Metal Association Confederation, and Mr. Atul Jogani is the Vice President of the Thai Gem and Jewelry Traders Association


TGJTA Hosts Successful Gemports Working Committee Meeting on June 14, 2024, TGJTA Hosts Successful Gemports Working Committee Meeting