Gold Tops $1,200 As Dollar Dumps Below Key Technical Level

This latest jump comes as the USD Index tumbles further post-Trump's press conference, breaking below the key 50-day moving-average for the first time since September. This is the biggest drop in the USD Index since July.

For the first time since before Thanksgiving, the price of gold has risen above $1,200 (now up 13 of the last 15 days) and outperforming all other asset classes year-to-date.

This latest jump comes as the USD Index tumbles further post-Trump's press conference, breaking below the key 50-day moving-average for the first time since September...

As Post-Trump fallout erases the post-Fed gains...

This is the biggest drop in the USD Index since July.

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