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Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a flat currency system in which paper money doesn't have an implied backing with any physical form of monetization. Look for sell based on risk taking entry if you are not breakout traders although you can sell based on breakout as well.
By Kenny Fisher on Dec 24, 2014 G Gold is showing little movement on Tuesday, as the spot price stands at $1177.61 per ounce.
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Base metals underperform precious metals despite positive global risk sentiment - The London Metal Exchange (LME) reopens today after being closed for holidays earlier this week.
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