As we look at this year, besides from the rally which began in mid-August 2018 up to the former record high of this year, it is clear to see that that was possibly the only noteworthy and extended rally we have seen since 2017.

The next couple of weeks will be absolutely critical in terms of statements made by both the Federal Reserve and the presidents of the two superpowers when they meet in Osaka Japan later on this month.

While on the surface it seems that gold prices finished rather flat in trading today. The actual truth is that gold gained moderately as buyers bid the precious yellow metal higher, however extreme dollar strength dwarfed those gains.