Gold is flexing bullish muscles this week as dollar and markets falter

Gold is flexing bullish muscles this week, trading higher yesterday (Tuesday) and in to early trading this morning (Wednesday). The precious metal is showing the impact that a weaker dollar can have, with a £2.63 ($3.70) climb to £1,330 ($1,837) at midday as the US dollar index started to drop back and a sluggish stock market fuelled rising prices.

We can expect to see more of this as the global economy continues to struggle with high levels of COVID infection amid concerns that vaccine effectiveness could be hampered by worrying new variants of the virus.

Act quickly and buy gold now to get in early on the bull run.

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