In today’s video I look at the Gold ETF (GLD) to see what it is telling us about the price of gold. I also check in on the Gold Miners ETF (GDX) and Junior Gold Miners ETF (GDXJ).
The price of gold has trended up slightly so far this year. It has been a fairly choppy move. I actually thought we were starting to see another push higher this week but it broke down and stalled out. The Dec futures contract closed at $1280 on Friday. Continue reading