Gold Silver Reports (GSR) – The yellow metal (Gold) rose to a six-year high of $1,535 per Oz on Aug. 13 and has charted lower highs and higher lows ever since.
Spot Gold Short-term support lies at $1,525
Spot Gold – In addition to portfolio managers buying up gold as their preferred safe-haven trade, central bank purchases are expected to provide an additional level of support over the next couple of years. Emerging market demand for gold should provide major support to what is an already very strong …