by The Aden Forecast, Gold Seek:
Gold’s been frustrating, to say the least. Plus, its characteristics changed in September.
Gold failed to rise during its best seasonal time, and when the dollar was declining. These factors alone were bearish signs.
In addition, gold jewelry demand was the highest since 2010 in the third quarter, when buyers in Hong Kong and China pushed demand up 40% and 35%.
It’s also reported that American Eagle silver coin sales are up at the U.S. Mint, while gold sales are up at the Perth Mint.
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