Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold rose back above $1200 last week after Janet Yellen and the Federal Reserve hinted that the Fed might only raise rates once, later this year, and would proceed cautiously with any future interest rate increases.  The London gold close was $1178 last Wednesday, before the Federal Reserve’s statement was released that afternoon.  In the next two days, gold closed above $1200 for the first time since May 22.   Unfortunately, gold dipped back below $1200 on Monday, June 22

Gold climbed gradually last week, from $1164 to $1173 on Monday and a peak of $1189 Wednesday (London pm fix) before settling at $1182 on Friday.  Silver declined from $16.15 down to $16.01, moving opposite to gold’s trend, which usually signals the fact that gold is rising due to some geopolitical threat or a flow of funds into gold as a safety net. Year-to-date, silver is up 0.3% and gold is down 1.4% in U.S. dollar terms, but gold and many other commodities are rising in terms of the euro and other currencies.

Gold climbed gradually last week, from $1164 to $1173 on Monday and a peak of $1189 Wednesday (London pm fix) before settling at $1182 on Friday.  Silver declined from $16.15 down to $16.01, moving opposite to gold’s trend, which usually signals the fact that gold is rising due to some geopolitical threat or a flow of funds into gold as a safety net. Year-to-date, silver is up 0.3% and gold is down 1.4% in U.S. dollar terms, but gold and many other commodities are rising in terms of the euro and other currencies.

Gold climbed gradually last week, from $1164 to $1173 on Monday and a peak of $1189 Wednesday (London pm fix) before settling at $1182 on Friday.  Silver declined from $16.15 down to $16.01, moving opposite to gold’s trend, which usually signals the fact that gold is rising due to some geopolitical threat or a flow of funds into gold as a safety net. Year-to-date, silver is up 0.3% and gold is down 1.4% in U.S. dollar terms, but gold and many other commodities are rising in terms of the euro and other currencies.