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Gold has gone on a loopy journey this week, having hit report-highs above $1920 an oz and traded as low as $1,793 by mid-Wednesday. Buying and selling was guided by danger urge for food swings within thinly traded markets, however specialists agree there’s nonetheless room to develop for the yellow metallic.

Opening the week near file highs, gold tumbled to $128 dollars in the first half of the week, and then recovered part of these features on a small rally till the tip of the week. At around 6:15 PM in New York on Friday, gold was trading up marginally and stood $1,855.40 an ounce.

Gold’s route this week appears to have been guided by threat appetite, Investors digested an array of things by means of the week together with the Swiss-Euro peg, speeches by Bernanke and Obama, and continued ripple effects from the German-Greece-Eurozone debt crisis. However, as gold traded under $1,800, “bodily demand stepped in [providing] some assurance and ... Read More

Gold up $52 @1867.09 Silver up $0.75 @42.31 ... Read More

Obama speach @7 expect the same old junk, summary of speach will be posted, STAY TUNED ... Read More

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Symbol SAVW

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