Gold, Silver Tumble On Heavy Volume As Dollar Explodes Higher — Gold futures suddenly took a turn for the worse this morning as ‘someone’ once again decided that 0830ET was the perfect time to puke over $1.5 billion notional of the precious metal into the market.
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Intelligence Doesn’t Rule out a Move Towards $1,400 for Gold in the near Future
According to Bloomberg Intelligence (BI), which believes that the U.S. dollar will head down soon and trigger a long-awaited rebound in the precious metal.
Gold Spot Not Cross $1313, Watch Bloodbath Low $1297- What Next?
Gold Spot Not Cross $1313, Watch Bloodbath Low $1297 Yesterday I Told You – Gold Crucial Update – If Gold Not Close Above $1313 Gold Targets …
Gold Intraday Trading Zone 31950—32333
Gold prices traded in range as the dollar eased on weak U.S. economic data. The US dollar declined as recent strong economic data eased concerns about the global economy, prompting investors to reduce safe-haven positions in the greenback.
China Is on a Big Gold-Buying Friskines
Gold Silver Reports – Gold long term central bank buying is expected to boost prices amid continued demand, with Goldman Sachs predicting gold prices will rally from $1,300 to $1,450 an ounce over the next 12 months.