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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

One thing you should know about the real price of gold

Posted on 24 October 2013

Gold has seen a nice run the past few days, with gold bullion climbing to the $1,340-per-troy-ounce area. Some speculators attribute this action to dollar weakness. There’s also the matter of traders short-covering now that the economic reports that were delayed while the government was closed are starting to come back into play.
Short-term trading action aside, many more variables influence the price of gold than whatever’s happening in Washington or on Wall Street………………………………………..Full Article: Source


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VRS - who has written 39433 posts on Opalesque Commodities Briefing.


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