Gold market

Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and init

Central bankers have been on a massive Gold Buying Spree led by Russia and China.

Despite gold’s historical role as money, the contemporary gold market

Couple things to touch on as this week begins.

Below is a chart of two price spikes tonight: SPY and GLD.

The belief in manipulation in the gold market is associated with the notion of discrepancies between the paper and physical price of gold.
The stronger than expected February’s job market report fuelled expectations that the Federal Reserve will increase interest rates sooner rather than later.
Market Pulse for Jan. 31, 2011