TDS: Gold Gains Spurred By Short Covering; Too Soon To Say If Lows Already Hit

by / Tuesday, 25 August 2015 / Published in Gold & Silver

The recent surge to six-week highs in gold was largely the result of short covering, and it’s too early to say whether the market has put in its lows, says TD Securities. Gold hit a multi-week high Monday on “forced short covering,”

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Source: Kitco