Many market experts believe that the price of gold is currently close to fair values - based on AMarkets.
Gold has a good chance of growth, according to analysts AMarkets, in that case, or FED leave rates at current levels against the expectations of most market players, or lower the rate even lower. The probability of the Fed raising rates this year has dropped to 39% compared to a maximum of 77% in August - the survey data Bloomberg. The spot price for the yellow metal rose by about 7% after a drawdown of up to 5-year low in July.
Silver and platinum fell to a weak industrial demand and slow growth of the economies of developing countries.At current levels of metals are attractive. Regarding gold, both the asset traded at annual lows. Platinum this month concerned the 7-year low. Silver in August dipped to price anti-record 2009.
Metals are attractive - who would not say that. Especially against the background of such data, that the US debt is already 350% of GDP (a measure of Consolidated Credit / GDP) - as evidenced by the latest reports on the financial portal Zerohedge.