By Ross Norman of Sharps Pixley | Monday 29 July 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The U.S. Comex gold futures retreated 0.44 percent in the past two days and rose 2.78 percent for the week to finish at $1,328.80 on Thursday. Year-to-date, the gold futures have dropped 20.71 percent although the prices have rebounded 12.67 percent from the recent trough of $1,179.40 on 27 June
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