The final spike came at about 9 AM ET. Since then, spot gold's drifted back down; at the time of this post, it's meandered to $1,153.30.
It'll be interesting to see what transpires should gold reach $1150...
Update: It did so just after 1 PM ET, and has been drifting at or just above that level up to the time of this update. The U.S. dollar index has been in a holding pattern at about 77; the two have been moving somewhat independently in the immediate term. That's because neither has moved much today.
Monday, January 11, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment