Upmove in gold today in USD but not many other currencies.
I was surprised by the up-move in spot gold today over $1140. Nice little move in US dollars according to Kitco +$13.20 (+1.17%) but down slightly in several of the other currencies, Pound, Euro, Yen Swissy, Aussie, Loonie, Russian Ruble, Brazilian Real.
This is strange because the Kitco Gold Index KGX is actually down slightly as gold price in USD tries to break slightly above the parabolic downtrend (perhaps). Will it close above it or is it just a flush?
http://www.kitco.com/kitco-gold-index.html
(I think this is probably the same as $GOLD:UDN)
Big hit for the USDX dollar index today at 97.22 (-1.59)!