Gold Up This Morning, But For How Long?

 
on May 23 2013 12:19 PM
Gold Prices Fall Ahead Of Fed Announcement
Gold Prices Fall Ahead Of Fed Announcement Reuters

Gold is up yet again today. The precious metal is being traded at $1,390.85 this morning. As before, investors are still cautious as they don’t know how long this will last. Since the price of gold plummeted April 15th igniting spot losses across the country and then slowly gaining steam only to fall again. As a result, investors have been wary about the precious metal, some even second guessing investments.   

When it comes to mining stocks and ETFs, it’s just like any normal day with some stocks having a great day while others are seeing their numbers fall. Seabridge Gold is trading at $10.06, about 4.25% higher than previous while Physical Asian Gold an ETF, is trading at about $3 higher than yesterday.

Copyright Gold Alert All rights reserved.

Share this article