Gold Tops $1,200 As Dollar Dumps Below Key Technical Level

by Tyler Durden
ZeroHedge.com
Jan 12, 2017

or the first time since before Thanksgiving, the price of gold has risen above $1,200 (now up 13 of the last 15 days) and outperforming all other asset classes year-to-date.

This latest jump comes as the USD Index tumbles further post-Trump’s press conference, breaking below the key 50-day moving-average for the first time since September…

The Rest…HERE

This entry was posted on Thursday, January 12th, 2017 at 12:22 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.