Gold Silver Reports – Gold Spot Outlook October 13, 2017 – Gold markets rallied initially during the day on Thursday, reaching towards the $1308 level but finding a significant amount of resistance. We rolled over from there and reach down towards the 24 hour exponential moving average, as the market found buyers near the $1277 level.
Day: October 13, 2017
Where Gold Trade Goes If London Loses Its Grip
Gold Silver Reports – Where Gold Trade Goes If London Loses Its Grip – London is facing challenges on multiple fronts to its centuries-old status as the place where the world trades gold. Two U.S.-based exchanges, CME Group Inc. and Intercontinental Exchange Inc., have created new ways of buying and selling precious metals. So has the London Metal Exchange.
Bitcoin Mania Takes Off as Cryptocurrency Surges Past $5,000
Gold Silver Reports – Bitcoin bubble or just the beginning? Or both? Those are the questions being asked on Wall Street to Main Street after the digital currency breached $5,000 for the first time, pushing this year’s gains to more than fivefold.