Rusty, the DOW moved up in expectation that the US Govt closure would be short lived & hence to drop in the POG. I just wonder now, the cause of it all being the Republican tea party not happy with Obamacare. Now, what can obama cook up to make these guys who are clearly against it, happy to agree???
Conversely, should the US Govt closure drag on, then uncertainty will creep back in & support the Gold Price.
Gold Futures are already up 0.42%.
I tried to top up my MML holding today, but my buy price of $2.01 missed when the Gold Futures started to turn.
Anyway, happy days.
Pandelis
Rusty, the DOW moved up in expectation that the US Govt closure...
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