This Is Not Your Father’s Gold Market Anymore

Gold (GCJ26) and silver (SIK26) futures prices were posting sharp gains near midday today, boosted by a steady-but-weaker U.S. dollar index ($DXY) and a dip in U.S. Treasury yields at mid-week. The gains come despite a “risk-on” trading day in the general marketplace that sees the stock indexes rallying on improved hopes for a de-escalation in the Middle East war. However, the situation remains very fluid. www.barchart.com www.barchart.com There’s an old trading adage that says markets can and will do a ...