Monday, July 1, 2013

Gold Price Rally Only Technical Bounce

The Market Oracle :: Financial Markets Analysis & Forecasting Free Website: "The PRICE of gold rose hard in Asian trade Monday morning, extending Friday's strong rally, but slipped back in London to start the third quarter of 2013 with an AM Fix of $1243.50 per ounce.

That was 26% below New Year for US Dollar investors, 21% down in Sterling, and 25% lower in Euros.

Silver also spiked before pulling back, dropping below Friday's finish at $19.69 per ounce."

Full article