Vextrader Group Limited, a broker and wealth and investment management firm, has reported steady trading profit from their gold investment program for the month of November and moving into December.
Gold (XAU/USD) is rising due to the inflation risks that the USA Federal Reserve have clearly highlighted in recent rhetoric, switching from being on the fence to possibly taking action as soon as December. In Asia, the price of XAU/USD has rallied from a low of $1,780.88 to a high of $1,786.65 so far.
Gold futures rose on Friday as U.S. Treasury yields fell to their lowest level since September 23. Perhaps helping to cap gains was the U.S. Dollar, which held steady against a basket of major currencies throughout the session.
Traders said the price action was likely fueled by position-adjustments in response to a disappointing headline number in the November U.S. Non-Farm Payrolls report, fear of the unknown created by the Omicron coronavirus variant and the shedding of riskier assets.
Amidst gold price volatility in the market due to the looming Omicron Covid virus, Vextrader continues to generate consistent profit as they prepare to close short selling trades made against Gold, which will net substantial profit for its investors.
Vextrader algorithmic software that analyses market news and indicators from over 50 sources assists its veteran traders in making predictions and trades that outperform its competition consistently.
As its investor bases continues to grow, specifically across Asia, Vextrader is excited to grow its team to support the expanding needs of its investors.
Vextrader Group Limited provides superior trading conditions, perfect trading system and advanced trading tools in the financial industry. We have successfully cooperated with talented and experienced groups from all over the world. Today, Vextrader Group Limited has rapidly grown into a global brand.
Our mission is to keep pace with the global market demand and achieve the investment goals of our clients and investors.
Vextrader Group Limited offers foreign exchange, stock, index, futures, precious metals, commodities and etc.
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