Gold is on the verge of new all-time highs. The metal of kings has already broken out to new all-time highs in many world currencies – the last yet most important will be gold as priced in US dollars.
On the heels of the 0.25% interest rate hike by the Federal Reserve, yet amidst clear signals that the central bank is ready to print new money to support the financial system after the failures of Silicon Valley Bank and Signature Bank, gold rose $30 or 1.5% to close at $1,970 per ounce in the spot market on Wednesday.
Let us observe gold as priced in several world currencies, so that we may gain a glimpse of what is in store for gold in US dollars over the months ahead.
Click HERE to continue reading for free on our partner site, Gold Eagle…