November 06, 2017

This morning, gold prices are trading $1,272.00/oz., up $2.00. Over the last 3 weeks, gold prices have fallen nearly $36.00, or 2.7%, while the Bloomberg US Dollar Index has rallied 1.99%. The 100-day moving average is approx. $1,276.20 and the 200-day $1,261.90. The US unemployment rate in October, released Friday, was 4.1% for a 17-year low.