Brexit drive dollar higher

Gold Brexit may affect trade between US and UK, This single statement by president Trump crashed sterling and gave a higher push to dollar index. Higher dollar pushed gold down and it tested from 1225$ to 1211$. Higher Dow Jones Index also contributed in selling as it recovered from 24400 to test 24800. Currently gold prices are... more →
Posted in: Gold Silver Updates

Brexit directing gold

Gold Brexit directing gold prices since yesterday. We had a dramatic event yesterday in London where many ministers resigned over Brexit differences. UK’s PM Theresa May is in very deep political trouble and there is only one way to to pull all together. She has to change the terms of Brexit. But she is taking a tough stand... more →
Posted in: Gold Silver Updates

Gold gains aided by uncertainity

Gold Spot gold gains aided by political uncertainty around Europe. Brexit seems to take a toll in English people and its politics. UK’s PM is trying to save her political by sorting out issues in Brexit. Another issue is president Trump is open for another round of tariff on Chinese goods in first week of December. We dont... more →
Posted in: Gold Silver Updates