Gold in the cold

The gold price is in danger of falling below $US1,200 … and then much lower.

As global analysts suggest zinc, tin and diamonds will lead a wider resources recovery in 2014 (see Tim Treadgold today Prepare for a resources rush), the gold price is moving in the opposite direction.

This week, the gold price is testing the key $US1,200 support barrier for the second time in six months as an increasing number of retail investors exit their holdings in exchange-traded funds (ETFs).


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles