Further Clues Reveal Gold’s Weakness
It might have been tempting to think that the recent move lower in the U.S. Dollar Index would serve to push gold higher, as it usually does according to the traditional pattern. But these are extraordinary times and there are too many external factors weighing negatively on the price of the yellow metal.Q3 2020 hedge fund letters, conferences and morePrecious Metals CapitulateAs if the previous vaccine announcements weren’t enough, the latest vaccine trials from AstraZeneca further propelled positive news. And as Trump reluctantly gave Joe Biden the green light towards a transition to the Whi...