Gold Surges Back Above $1300 On Huge Volume As Trade Tensions Escalate

With China’s retaliatory threats coming just minutes after Trump warned them not to, and including a closet threat to dump USTs, precious metals are aggressively bid this morning with Gold surging above its 50DMA and breaking $1300 once again.

Gold spiked on extremely heavy volume…

Breaking above $1300 and its 50DMA once again…

Additionally, gold is surging in value against the yuan…

 

 

 

 

 

 

via ZeroHedge News http://bit.ly/2JngpOn Tyler Durden

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