Gold jumps to the highs of the week

Author: Adam Button | Category: News

Quick move higher

Gold is at the highs of the day, up $15 to $1513 including an $8 rally in the past few minutes.

Yields are moving lower and the market is feeling a bit more confident that the Fed will be there when it matters.
Quick move higher
At the same time, you can make a case for gold whether the Fed cuts or not. That's one of the reasons that it's been on such a rip.

In any case, we're at the highs of the week but there's still a gap between this and the August highs.

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