General Stock Market’s Influence on The Price of Gold (GoldSeek.com)

Mar 10, 2010   //   by Admin   //   Scrap Gold Prices  //  Comments Off

In one of our previous essays we mentioned that the situation in the USD Index appears bearish, but it has not been the main driver of the PM prices lately . It’s been the general stock market that used to drive gold and silver prices lately, which means that the situation is now less than perfectly bullish, especially in the short term.

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