| Price has been remarkably steady over the past week despite a number of factors, which might have been expected to cause it to rise. The gold price has been trading in an extremely narrow range for the past few days, despite a number of seemingly positive pieces of news. It certainly seems that those who do not wish the price to rise back even to the $1,200 level or above have the markets firmly under control.
But it also appears that those who do not wish to see further falls are maybe helping prices stabilise too. In other words there is something of a standoff. So what are the positive pieces of news? First and foremost perhaps is the continuing lack of a real solution to the Greek debt crisis. Contrary to numerous reports that a settlement was about to be reached between Greece and its creditors it appears that no such thing has occurred...............................................Full Article: Source
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