Gold Heading For Second All-Time Monthly Closing High

The highest that gold price has ever closed on a monthly basis was $1,831/oz in August of 2011.

If traders can close June out above $1,773/oz this will be the second highest monthly closing price for gold on record.

Gold is moving higher because trillions of dollars are being printed and gold is a store of value, used to protect wealth during times of uncertainty.

It is certain that central banks will continue printing money for the foreseeable future.

More money = more inflation = higher gold prices.




Chart PatternsGC1! (Gold Futures)GLDGoldTechnical IndicatorsTrend Analysis

Również na:

Wyłączenie odpowiedzialności