Gold finished marginally higher today at $1282.04 up $1.71. Silver also traded sideways. In Asian trading last night gold sunk toward $1270 level on Shinzo’s Abe’s victory in Japan’s parliamentary elections, a win interpreted as yen negative (dollar positive). It rebouned during U.S. trading following a Bloomberg article raising the the possibility Jerome Powell, who is widely seen as an interest rate dove, might become the next Fed chairman. Silver traded sideways today.
Quote of the Day
“Gold has worked down from Alexander’s time. . .When something holds good for two thousand years, I do not believe it can be so because of prejudice or mistaken theory.” – Bernard Baruch
“USAGOLD is a delightful & refreshing company. Their website contains extremely valuable information for experts as well as novices. Checking gold & silver spot prices and trends are easy from my smart phone. The folks with whom I’ve dealt are extremely knowledgeable & patient with explanation of details. The office promptly provides an invoice & confirmation of receipt of funds. The metals are shipped timely as promised and follow-through is impeccable. I have proudly recommended USAGold to family, friends & business associates.” – Eleanor D. (Better Business Bureau five-star rating)
For your first or next purchase, give us a try and see why thousands of investors have chosen USAGOLD as their gold firm.