High price reached $1679.70
The price of spot gold has surged over $30 or 1.83%. The price high just reached $1679.70. That’s the highest level since February 6, 2013.
Gold is spiking higher and up over $30 on the day or 1.83%
Archives of “Gold / Silver” category
rssvintage gold chart
Gold hits the highest since 2013
Gold breaks the 2020 high
Gold broke the Iran spike high of $1611.34 and is up $10.35 to $1612.00. This is a nice-looking chart:
Why Rho Is The Most Important Factor In Gold Futures
An Update GOLD ,SILVER ,PALLADIUM ,PLATINUM -Anirudh Sethi
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Net speculative positioning in gold looks to have peaked for now
Markets wake up: Oil drops, gold jumps, yen bid
Risk aversion kicks in
Gold is up $14 in the first minutes of trading while WTI crude has fallen 2.5% to $52.85. S&P 500 futures are down 1%. The US 10-year note future contract is up 11 ticks.
The yen is bid but not as much as I anticipated. NZD/JPY is down 50 pips to 71.69 and is the biggest percentage mover. USD/JPY is down 45 pips to 108.83.
Get ready for a wild week.
Gold rises to the highest since January 8
Back to pre-Iran attack levels
Gold is catching a safe-haven bid in a quick rally to $1574 from $1559 at the start of US trading.
The market is divided at the moment. There is a big cohort of people who continue to buy dips in stocks while a second cohort is bidding up safe assets as a hedge or a trade.
I see it as a battle between coronavirus alarmists and optimists. My guess is that it gets worse before it gets better.
Crucial Update :GOLD ,SILVER ,Palladium ,Platinum ,Base Metals ,WTI ,BRENT -Anirudh Sethi
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World gold reserves.
