Silver Market Morning: Jan 11 2017 - Shanghai taking gold higher!
Snippet:
If Shanghai is leading the way for the gold price, we would expect London and New York to rise too. Consequently, the gold price needs to move to $1,200 for it to be in line with Shanghai now. Shanghai on Tuesday was $13 higher than the close of New York. This morning London opened only $10.59 lower than yesterday’s Shanghai closing. And this strength in gold is happening while the dollar is rising and the Yuan slipping slightly.
Gold Today
Wednesday, January 11th
First published here: Silver Market Morning: Jan 11 2017 - Shanghai taking gold higher!