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Gold Falls Despite President of the United States Attacking “Fail Again” Federal Reserve

IMG Auteur
Mark O'Byrne
Goldcore
Published : September 19th, 2019
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Gold sees selling of gold futures in electronic trading on NY Globex despite a bullish
Fed rate cut and even more bullish attack by President Trump on the Federal Reserve.
Those who have alleged that gold is being manipulated lower believe that this suggests
that despite the indictment of JP Morgan, gold is still being manipulated lower.
This creates opportunities for long term value buyers who continue to
accumulate on price weakness, real or artificial

NEWS and COMMENTARY

 

Gold edges lower after Fed delivers mixed signals

Gold ends higher, heads lower in electronic trade after Fed cuts key interest rate

Gold Prices (LBMA – USD, GBP & EUR – AM/ PM Fix)

18-Sep-19 1502.20 1503.50, 1206.27 1204.90 & 1360.39 1359.92
17-Sep-19 1499.30 1502.10, 1208.89 1207.24 & 1361.51 1360.45
16-Sep-19 1502.05 1497.20, 1207.35 1203.30 & 1357.25 1359.46
13-Sep-19 1506.30 1503.10, 1209.41 1208.19 & 1356.88 1358.35
12-Sep-19 1502.95 1515.20, 1219.94 1227.46 & 1362.88 1373.53
11-Sep-19 1493.65 1490.65, 1208.21 1209.07 & 1354.74 1355.90
10-Sep-19 1494.60 1498.25, 1211.52 1211.34 & 1353.51 1357.11
09-Sep-19 1509.95 1509.20, 1223.81 1220.34 & 1368.62 1364.92
06-Sep-19 1504.95 1523.70, 1223.52 1237.09 & 1363.94 1378.49
Read the rest of the article at gold.ie
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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
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