Skip to main content

Gold grinds its way back above $2,500

Since an earlier update here Gold has now managed to vault the $2,500 handle. The move higher has been gradual and comes as stocks turn down in recent trading. The metal has also seemingly gotten a boost from a slight relapse in the USD/JPY. That has now fallen back from an earlier high at 143.80. It is just now dropping to below 143.25. That has clearly helped Gold higher and a short while ago it reached a new session high at $2,504.16 The metal is just now trading at $2,503.75
 

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!