Today, gold prices on the global market decline. In the short term is expected to further reduce the cost of the yellow metal. It is reported by X-Trade Brokers Ukraine Gold rose in price on Monday against the backdrop of increasing demand for safe-haven assets. Gold prices up to yesterday's auction reached its highest in three trading days index - 1,424.9 dollars per ounce. Today morning the price of gold in London was in 1407 dollars, and in the course of trading, spot prices have fallen lower than 1400 dollars. As experts X-Trade Brokers Ukraine, investors channel funds into gold, reducing positions in riskier assets, while trying to adequately assess the impact of events in Japan on the world economy. Gold is considered to hedge inflation risks, and its prices typically rise in inflation. Japan's problems overshadowed the civil unrest in the Middle East, which continue to support gold prices.
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