The price of gold moved further north as the dollar's decline continued. Whilst the Fed continues to reiterate that Interest rates will remain low, investors appear willing to buy in the precious metal. We are still looking to breach the $1,150 level.
Gold & Silver
- The IMF announced that they sold 2 tonnes of gold to the central bank of Mauritius on November 11th
- The US Dollar Index fell back 0.4% to 75.097
- CPI data is due for release at 1330
Major Economic News