Avoid hassle of possessing gold in physical form and invest in gold online

Selling or buying gold online has become very popular since the price of gold on the open market has risen over the past year or so.

1ounce has changed the way how retail customers invest in gold.

It provides a system to buy and sell Gold online to customers in smaller denominations at a wholesale price in an easy, simple and convenient manner.

Gold has been part of people’s traditions for a long time now.

It has been a rich source of wealth, where traders invest and store for future use.

Gold coins used to be traded in the past, where kings used to show off their wealth by including gold.

Increasing Demand Gold is mainly in demand due to its cultural value.

Basic Function is Money Money is the reason the traders invest or play in the forex markets.

It was used as money in older times, and today’s time, it is played in to create money.

Bullion was exposed and pressured by two different situations in the past week as comments from Federal Reserve Chairman Jerome Powell damped expectations for a lengthy easing cycle, while fresh U.S tariff threats a day later fuelled global-growth concerns that renewed demand for the metal as a haven.

Despite a modest rebound in non-farm payroll data on Friday, the three-month average of 140000 growths was the slowest in nearly two years, while growing international trade concerns continued to put pressure on the dollar.

A U.S. government report Friday showed average hourly earnings climbed 3.2% from a year earlier, better than forecast, while the three-month average increase in payrolls was the slowest in almost two years.

That came a day after Trump said in a tweet he plans to impose a 10% tariff on $300 billion of Chinese imports beginning Sept. 1, and Beijing pledged to respond if he follows through.

Basically, the U.S. payrolls number didn’t really matter at all today because Trump had unleashed his trump card on China.

Analysts say the international trade situation is increasingly evident in the slowdown in the U. S. economy, an important factor in the Fed being forced to cut interest rates to boost the economy.