Are Gold Prices Going to Rise?

Gold managed its first weekly gain in five weeks last Friday, and it has remained mostly flat so far this week.
And one of the biggest questions on the minds of investors has been ‘are gold prices going to rise from here?’
Gold prices today are down 0.04%, or $0.50, to $1,273.60 in early trading.
The story for gold this month has been all about the dollar. It’s been strong and keeps heading higher, continuing a trend that began in early October.
The rallying U. S. dollar has provided a challenging environment for gold prices in October. And despite the run we’ve seen already in the dollar index, I’m not sure that it’s quite over yet.
Counterbalancing that has been ongoing interest by investors in owninggold ETFs and other similar investments.
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This post was published at Wall Street Examiner on October 26, 2016.