October 2022 - Week 3 Edition
Gold’s Return Just a Matter of Time
Gold rose to $1,674 early Monday on a weaker dollar, then settled back to $1,665. Silver rose more, up 2%, from $18.32 to $18.70. The U.S. Dollar Index fell 1%, from over 113 on Friday to just under 112 on Monday, due to soaring interest rates in Europe, giving the dollar no real competitive advantage on returns.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
October 2022 - Week 2 Edition
Dollar’s Rally Pushes Gold Down
Gold is back under $1,700, mostly due to the dollar’s rally back to 113 on the U.S. Dollar Index vs. 110 a week ago and 97 at the start of the year. Last Friday, a “stronger than expected” jobs report pushed interest rates and the dollar up and gold and stocks down.
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