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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
 Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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Gold holds firm as oil moves higher thanks to Iran uncertainty

Gold is calm after its run higher in recent sessions while oil prices are moving up again for a second successive day.

Source: Bloomberg

Written by

Chris Beauchamp

Chris Beauchamp

Chief Market Analyst

Publication date

Gold calm after recent gains

The gold price has continued to climb, clearing previous highs at $1870. For the time being the bearish view is unlikely to gain much traction, with the steady rally of recent days seeing dips being bought at every turn. Further gains head towards $1910 and then $1960 over the medium-term.

Source: ProRealTime

WTI recovers for a second session

After dipping last week the price recovered on Friday and has seen further gains today, putting it back on course to $66. Having bounced from $62 the bears will need to reverse the price back below this level to revive a move lower, with another attempt to clear $66 and then $67.85 now in the offing if gains continue.

Source: ProRealTime

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. 

Professional clients trading spread bets and CFDs can lose more than they deposit.

Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They’re not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment.

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