Michael Widmer
Michael Widmer
exchange further gold improve iran outlook pressure rate situation
The outlook for the exchange rate will not improve significantly going forward. If the Iran situation doesn't improve, then you should have further upward pressure on gold prices.
below cards creep gold increase massive move slow stand surprised towards
Gold could move up from the $562 where we stand at the moment. I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week.
below cards creep gold increase massive move slow stand surprised towards
Gold could move up from...where we stand at the moment. I would be surprised to see a massive increase in prices, but a slow creep up towards just below $570 would be on the cards this week.
moment people seeing taking week
What you're seeing at the moment is a correction. It's the end of the week and people are taking some profit.