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.
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 Yesterday I Told You – Gold Crucial Update – If Gold Not Close Above $1313 Gold Targets — We See Expected Gold Downside Target $1297—$1290—$1282 1st Gold Target $1297 Hit 👍 Red Alert : EU leaders agree to delay Brexit until …
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.
Gold Silver Reports (GSR) – Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.
