Gold continues to gain value and inches closer to 1900
Gold continues to gain value and inches closer to $1,900 The market forces and events which have taken gold to higher pricing since the end of March are still dominantly in play. The two primary forces are dollar weakness and data indicating an uptick in inflation. These two factors greatly affect treasury yields and in turn treasury yields affect bullish or bearish sentiment in gold. Recently the U.S. Labor Department showed that the consumer price index jumped to 4.2% in…