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American Bullion -- Time To Buy Physical Gold
Following the release of US payrolls data, Gold bullion prices recovered on Friday to turn positive as the euro moved up from its weakest position since May 2009. The U.S. unemployment rate caught everyone by surprise when it reportedly fell to a five month low of 9.7 per cent. Factory payrolls showed growth for the first time sinc...
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American Bullion -- Gold Still in an Uptrend Superfund Says
Gold, which has fallen about 11 percent from its record last month, is still in a long-term uptrend, according to technical analysis by Aaron Smith, a managing director at Superfund Financial Singapore Pte.
The attached chart shows gold is trading above its one-year trend line and the metal’s 14-day relative strength index i...
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