drbrumley
Well-known member
Reaches 50-Year High.
Gold is poised to close out January with a fourth straight monthly gain after the Fed's uber-dovish flip-flop seemed to signal that it’s done raising interest rates (reportedly for a while but that's never happened before)...
Which has hurt the dollar, helping gold to its sixth January gains in a row as investors sought a haven against slowing growth and U.S.-China trade disputes.
Gold is poised to close out January with a fourth straight monthly gain after the Fed's uber-dovish flip-flop seemed to signal that it’s done raising interest rates (reportedly for a while but that's never happened before)...
Which has hurt the dollar, helping gold to its sixth January gains in a row as investors sought a haven against slowing growth and U.S.-China trade disputes.