Gold Prices Are About to Stage a Historic Rally
August 06, 2018 at 15:54 PM EDT
After hitting a high in April of $1,360, gold prices have fallen over 11%, breaking into correction territory and shattering December's low of $1,248. However, the precious metal is about to stage a dramatic turnaround - and make a killing for gold investors in the process. You see, after months of falling due to pressure from the U.S. dollar, there are clear indicators that the dollar is about to ease off, creating a tremendous upside for gold. Here's a close look at the factors driving gold's bottom and why it's heading higher next... Tags: Gold Prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Gold Prices Are About to Stage a Historic Rally appeared first on Money Morning - We Make Investing Profitable .