October 4, 2017

Following yesterday’s decline to $1,268.00, a level not seen since mid-August, gold prices are higher this morning, trading $1,276.00 and up $4.00 on the day. The 100-day moving average currently stands near $1,272.75. GLD holdings rose 1.55 million oz. in September; in 2 days trading in October holdings have fallen 332K oz.