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Et by jeff reeves impending gold production cliff may deliver a jolt to prices jul.
Gold xau usd managed to break above the previous top at 1 911 dating back to september 2011.
Please take a look at the following xau gold ratio chart for details.
I use this to wipe down the.
26 2016 at 2 18 p m.
Get instant access to a free live streaming xau xag chart.
The new all time high was created surprisingly easily.
The xau index is often compared to the price of gold to see if mining stocks are under or overvalued relative to gold at a given time.
This unique gold spot silver spot chart enables you to clearly notice the behavior of this pair.
Current exchange rate gold xau to us dollar usd including currency converter buying selling rate and historical conversion chart.
Et by myra p.
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The first couple years is when in 2009 2011 precious metal mining stocks far outperformed the gold and silver underlying physical.
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But if you did not time the market well and exit at the top with the bearish divergences you got wiped out as the mining stocks tend to tank 90 98 during the subsequent bear market.
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27 2016 at 8 16 a m.
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Not betting so much on the pullback but the dollar strength could initially mean a dip in both gold and silver but when the bounce back silver will gain at a much faster rate than gold.
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