XAU/USD: The price of gold has increased. Fundamental analysis for 02.08.2016

Forex analytics: After the release of the US GDP in Q2 last Friday, gold prices have soared up to $1350.00 per ounce. As it became known, US GDP in Q2 has grown by 1.2% against the forecast of 2.6%.This trading week, the rise in gold prices has continued. Last Friday’s weak US economic data has reduced chances of the interest rate increase in the USA in the near future, which increases the attractiveness of ...