Gold & Dollar Holding Breath Ahead Of ECB – iiTrader

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Kitco News speaks with iiTrader’s Bill Baruch to see what he makes of gold’s volatility as the U.S. dollar continues to hit new highs. “The $1,190 area…we’ve been finding some support there but gold has been rising with the dollar,” he says. “Gold has a lot of headwind at the $1,220 area.” Baruch also comments on oil prices, saying it’s interesting that lower oil prices haven’t actually helped the average American’s wallet. Baruch shares his key levels for silver and tells Daniela Cambone what to expect of the markets ahead of the much anticipated ECB meeting on Thursday. Kitco News, December 3, 2014.

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