August 22, 2018

Gold crept above $1,200.00 this morning for the first time since August 13,  before falling to its current level of $1,196.00.  Gold is still up over 2.5% since this time last week and is set for its third straight positive trading session. Gold’s main driver is the US dollar, which is down 1.6% this week and unable to gain traction ahead of today’s FOMC minutes release.