XAU/USD: If the US Fed increases interest rate in June

Forex analytics: Investors’ risk aversion, amid the decline in prices of oil since the end of March and uncertainty of economic situation in the world, has triggered the rise in demand of the Yen and gold.Since the beginning of this week, the price of gold has grown by 15 USD per ounce. At the beginning of today’s European session the price has reached the level of 1235.00, however during the session the ...