Increase In Gold Price Amid News About Downing of Russian Warplane
On November 24, 2015, the news that a Turkish fighter jet had attacked and shot down a Russian warplane in Syrian airspace went around the whole world. Such information about exacerbation of the situation in the hot spot, as it could be expected, resulted in demand for gold as a safe haven.
Gold climbed by 790 pips in less than half an hour, which allowed to make $1975 by a buy position, with trading one lot.
Gold Prices Rise