Gold Surges To $1,512 At Open In Asia, Falls To $1,488 At Open In London, Then Moves Over $1,500 Again

Gold Surges To $1,512 At Open In Asia, Falls To $1,488 At Open In London, Then Moves Over $1,500 Again

] * Gold up nearly 6% so far in August after 3% gain last week * Gold futures traders increase net longs in COMEX gold * Volatile trading overnight saw gold go higher, lower and then higher again as gold seeks to consolidate at $1,500/oz (see gold in yellow in chart above) NEWS & COMMENTARY … Read more