19.11.201812:24 Forex Analysis & Reviews: The price of gold falls after rising last week

On Monday, November 19, the yellow metal becomes cheaper as investors take profits. Recall that last week, this precious metal went up by more than 1%.The cost of the December gold futures on the New York stock exchange Comex fell by 0.3%, to $ 1,219.3 per troy ounce. Silver futures for December delivery fell 0.33% to $ 14,335 per troy ounce.Experts recorded a correction in the gold market after a 1.2% increase in the most demanded metal amid growing demand for safe assets. Most analysts are optimistic about the future price of the yellow metal. According to Mark O'Brien, director of research at GoldCore, geopolitical risks can support the cost of the precious metal and help its rise in 2019.Investors in the United States made statements last Friday largely on investor sentiment. Recall that the regulator expressed concerns about the prospects for the global economy. Market participants believe that this could provoke a rise in the base rate in the United States, putting pressure on the US currency and supporting the value of gold. At the moment, the market expects a fourth-time increase in interest rates in the United States and a series of increases in the next year.