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Gold Has Wild Session on Thursday
Gold markets have been pretty noisy during the session here on Thursday as we initially saw some type of panic based on, I suspect, the Donald Trump speech. It was around the same time, which was odd considering he basically said everything that he's been saying for days now, so I'm not sure what changed. Regardless, interest rates spiked and that sent gold much lower, crashing down into the 4600 level before turning around and bouncing. We are still playing the geopolitics game right now and I think that is going to continue to be how these markets behave. They just simply run wild in one direction or the other ... (full story)