By Ross Norman of Sharps Pixley | Friday 23 August 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 were flat on Thursday after dropping 0.18 percent on Wednesday when the July FOMC minutes were released. Gold prices were roughly unchanged week-to-Thursday although the gold futures traded up to $1,378 during Asia Friday morning. The Dollar Index rebounded 0.72 percent in the past two days to finish at 81.488 on Thursday.
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