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The precious yellow metal saw some fresh speculative and technically related buying interest as the near-term chart posture is improving.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Up on Short Covering, Speculative Buying, Bernanke Boost
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The yellow metal is seeing some fresh technically related buying interest as the near-term chart posture is improving.
FORBES: A.M. Kitco Metals Roundup: Gold Higher as Bulls Gain Some Technical Momentum; Bernanke Remarks also Supportive
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The precious yellow metal is boosted by fresh safe-haven investment demand and on fresh upside near-term technical momentum gained by the bulls this week.
FORBES: Comex Gold Higher on Safe-Haven Demand, Fresh Technical Buying
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The gold market bulls are growing more frustrated as the EU debt crisis escalates but any fresh safe-haven demand for the yellow metal cannot overcome the stronger selling pressure.
FORBES: By Jim Wyckoff Of Kitco News
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With little fresh news to push the market, the yellow metal continues to trade off technical chart signals.
FORBES: P.M. Kitco Metals Roundup: Weaker Technical Chart Picture Pressures Gold, Silver
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All of this prompted fresh safe-haven demand for the precious yellow metal.
FORBES: By Jim Wyckoff Of Kitco News
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Some fresh safe-haven investment demand was seen in the yellow metal.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Modestly Up in 2-Sided Trade; Safe-Haven Buying Surfaces
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In honor of President Obama they will be serving a Chicago Hot Dog cart with Vienna beef hot dogs, Kosher pickles, celery salt, yellow mustard, sport peppers, neon relish, diced onions, fresh tomatoes, and steamed poppy seed bun.
FORBES: Create Your Own Culinary Presidential Inauguration
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Follow-through buying and fresh technical strength from big gains posted Tuesday combined with safe-haven investment demand to propel the precious yellow metal.
FORBES: P.M. Kitco Metals Roundup: Comex Gold Ends Solidly Higher On Good Follow-Through Strength, Fresh Technical Buying