Gold Spikes to a 6-Year High Above $1,550 per Ounce
August 25, 2019 at 21:05 PM EDT
Gold has picked up where it left off on Friday. The safe-haven metal has spiked $20 higher above $1,550 in early Asian trading. It is now near the top-end of the short-term trend channel and the RSI is overbought, but the fundamental drivers of the price advance appear to be accelerating. Silver is also rallying [...]