USD Is Gold's Biggest Threat; Gary Looks At New Levels
Published on Sep 5, 2014
Kitco News ends the week with none other than Gary Wagner to see what he thinks of gold’s price action this past week. He says gold is really threatened by the strengthening U.S. dollar. “I believe what we’re seeing [in gold] is a reaction to this very strong dollar,” he says. “The actions that the EU have just initiated have really affected the euro vis-à-vis the dollar and the dollar continues to gain strength.” Wagner also comments on some key levels he is eyeing in the gold market right now. Tune in to the latest edition of “Chart This!” Kitco News, September 5, 2014.
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