Gold futures continue to inch toward lows from early November of last year, many analysts suggesting it could be an area to buy. The Dow is off to its worst September start since 2008. Ten-year U.S. Treasury yields, their highest since 2007.
Energy prices have risen by over 30% since just the 4th of July, and in this environment, a flight to gold is not uncommon. Gold is in the middle of its 52-week range, reaching a low of $36.60 from early last November. The 52-week high was over $5,600 in early January.
It’s been range-bound since then. This is the bottom-line report. Improve your nutrient efficiency.
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Audio Reporting by Mark Oppold for Southeast AgNet.