What is Happening to Gold?
Gold gained a few dollar during the Far East trading session…and then spiked up right at the 8:00 a.m. BST London open. The rally lasted for about five minutes before a not-for-profit seller appeared. From there it was all down hill into the low of the day, which came during electronic trading in New York around 2:40 p.m. EDT. After that, the price didn’t do much.
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