After some light profit-taking in European trading yesterday, dip buyers were quick to step in and that is seeing gold extend its run higher again today. The precious metal is up another 1.3% to a fresh record high of $4,196 as it closes in on the $4,200 mark next. A softer dollar today is helping to feed into the move higher in prices as well. Gold now looks poised for nine consecutive weeks of gains. 🔥
Elsewhere, silver is also rallying back after the drop yesterday with prices up 1.9% to $52.40 currently
Gold eyes $4,200 as the climb continues