[Gstalk]

Gold Ends Below Critical $1,780 Support; Rotation to Dollar Could See More Loss
Wed, 17 August 2022, 11:54 PM·3-min read


On paper, it appears so, after a critical support for futures of the yellow metal was broken on Wednesday, as a close below the $1,780 level in New York Comex trading pressured the spot price of bullion down too.

https://sg.finance.yahoo.com/news/gold-e...39917.html

[sgbuffett]

Gold proved to be useless as an inflation hedge.
It rises with stock market stock market falls it also falls. Inflation goes up it falls.

Lousy.

[theold]

If the west continues to stir, gold prices may go up.

Just bought 1 oz and they asked questions. Said every 2 years they have to review.

But if you are in US, no questions asked.