Gold tests $1960

by Alasdair Macleod, GoldMoney: After trading sideways until Wednesday, gold broke out above its recent consolidation level following the Fed’s 0.25% rate increase on Wednesday. And yesterday morning, gold rose briefly to $1959.7 before falling back to $1911. In European morning trade, it was at $1910, down $17 from last Friday’s close, and silver was […]