At first sight nothing really changed yesterday. The USD Index closed relatively unchanged, gold moved down just a little and while silver’s decline was more visible, one could view this move as rather accidental as silver is known to be volatile at times. Yet, there are grave implications of yesterday’s session as what happened yesterday only appears insignificant on a stand-alone basis. When one views it in light of the factors that were and still are in play and checks how the USD and metals moved relative to each other, it becomes clear that the implications are major enough for one to change their trading position.
Gold Investment News
Delivered To Your Inbox
Free Of Charge
Bonus: A week of free access to Gold & Silver StockPickers.