Gold prices have reached a historic maximum under conditions of general tightening to avoid risks in the markets. European stocks fell at the opening today, amid the upcoming release of key economic statistics from the region, as investors prefer safe assets amid uncertainty surrounding American elections related to increased competition. It is suggested that a number of key economic data will be published later today, including preliminary GDP figures for the region.
The FTSE 100 index lost 0.5 percent. The Stoxx 600 Index of Europe fell by 0.5 percent to 515.25 points at 08:10 Greenwich Mean Time, influenced by the shares of luxury goods companies.
"The amount of capital that we need to maintain is increasing. This is creating some pressure on stocks," noted the chief investment officer of the portfolio management.
