Loading ...Even into gold to a much lesser extent, gold should really be getting crushed based on the dollar action.
Ystsdys crimex Vol was apparently @ 500 K lots, which is @ 1,562 Tonnes…..London will have done double or more of that , which means @ 4500 tonnes traded, or twice world production….the scum held it at 1 % ….they probably sold most of those Tonnes, so somebody is buying hell out of the mkt.
Ps if they did sell most of it …then from now on every dollar up costs them $150 million and that was just ystdy.