Gold fell below $1,300 and straight into a Demand Zone. Gold dropped on Federal Reserve Chair Janet Yellen’s comments that the Federal Reserve should be wary of raising rates too gradually. The market sold off on Gold in response and bought U.S. Dollars, which explains the chart below of XAUUSD. The price went into the..
The Gold to Silver Ratio has been falling this Summer in the face of global tumult. The Gold to Silver Ratio has not shown a rush to the highest quality during the quietest months of the market. However, the events of the world have been rather good reasons for people to jump into alternative currencies..