October 19, 2018

Gold is up $.50, currently trading at $1,227.50, as the US dollar is down 0.30% for the day.  Stocks initially rebounded this morning from yesterday’s sharp sell-off but have since cooled down and show no signs of a meaningful rally.  The declining US dollar and overall performance of equity markets over the past two weeks have helped gold re-emerge as a valuable asset in times of uncertainty.