Another record for Gold as even BTC makes some headway

Since the last update here on its progress, Gold has now busted another record, rising above $2,675 not that long ago. It seems more risk based buyers are still turning to the metal and it has gathered pace ever since the news of a potential ceasefire deal in Lebanon got consigned to the trash can earlier this morning. In fact even BTC seems to have attracted some fresh buyers too, as it rebounds back above its 200 day moving average again, this time with a little more traction it seems. BTC is now approaching the 64,500 mark. Gold has just now to set a new all time record at just around $2,679