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It seems that the gold price posted on August 15, at $1,165.50, is the bottom of its current decline.
Gold prices seem to have stabilized a bit following the decline of the U.S. dollar. However, struggles await for the price movement.
Dow Jones can be expected to continue its upward trend in the coming months after closing higher last week while gold slides lower.
The gold exploration company finally secures an environmental permit to start the development and operations of a mine in Nicaragua.
Gold prices start to trade lower against a much stronger dollar as the trade conflict between U.S. and China continue to escalate.
Dow Jones advanced only 0.04 percent on last week's close while gold continues to see an overwhelming number of declining days.
The Dow Jones BEV broke a new record high, closing in on 4.38 percent. Facebook's shares plunge by 19 percent while Twitter's shares drop by 20.5...
GDP rose by 4.1 percent, slightly exceeding expectations while Bitcoin bounced back triumphantly at $8,400.
When the dollar receives an increase, gold plunges.
The S&P improves to a weekly high following Trump's criticism of interest rates. Bitcoin attains another high at $7,501 but may soar as high as $10,000.