Gold is still range bound, but market sentiment shifting to bullish

While gold posting strong gains on the day, on a week-by-week basis gold futures closed very close to its opening price on Monday.

Even with today’s $20 gain gold futures remain range bound, although current pricing puts it at the top of that range.

Silver is an example of a metal whose major industrial applications grant it the ability to run strong in both times of prosperity, while its safe-haven appeal lends it strength in uncertainty.

…Read the full story