Gold SWOT: China allowing banks to import larger amounts of gold
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
This week spot gold closed the week at $1,776.51, up $32.63 per ounce, or 1.87%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week higher 3.50%. The S&P/TSX Venture Index came in off 1.55%. The U.S. Trade-Weighted Dollar fell 0.68%.