Inflation has already taken hold and the typical portfolio is at risk, according to Ronni Stoferle of Incrementum and author of the “In Gold We Trust” report. He has just published a special report – “The Boy Who Cried Wolf – Is an Inflationary Decade Ahead?” He joins Dave Russell of GoldCore TV to discuss […]
Today’s AM fix was USD 1,222.75, EUR 891.22 and GBP 750.89 per ounce.
Yesterday’s AM fix was USD 1,243.50, EUR 902.79 and GBP 758.51 per ounce.
Gold fell $26.40 or 2.11% yesterday, closing at $1,226.50/oz. Silver slid $0.79 or 3.89% closing at $19.52/oz. Platinum dropped $19.01, or 1.4%, to $1,360.74/oz and palladium fell $20 or 2.7%, to $715.25/oz.
Gold has spiked higher in late morning trade in London and is 0.6% higher on the day and 0.35% higher for the week. A higher weekly close this week will be positive from a technical perspective.