Gold has once again found its footing and now for a second consecutive day has closed higher when compared to the previous close, and gains have included both a higher low as well as a higher high.

After trading to lower prices on Monday and Tuesday of this week, gold has staged a moderate recovery. Monday’s action resulted in a $10 drop in price, this occurring after a phenomenal rally which began on Thursday, May 30.

Gold is trading fractionally higher today, with the most active futures contract (August 2019) currently bid up by $1.40, this as of 5 PM Eastern daylight Time.