Gold Down $100? This Really Shouldn’t Be A Surprise

Oct 4, 2023, 10:15 a.m. IST

This article is more than 1 year old.

It’s been a tough couple of weeks. Everything’s down. Stocks are down, bonds are down, heck, even gold is down over $100.

What’s going on? We turned to one of our favourite guests, Technical Traders’ Chris Vermeulen and asked for his take on market activity.

What are his thoughts? None of this is a surprise and there’s nothing to worry about. In fact recent price moves have presented ‘an amazing opportunity.’

So we can relax. I won’t say too much more, for fear of spoiling it for you. So grab a coffee and enjoy this short interview. Let us know what you think about Chris’s take on the gold price as well as the performance of oil and bitcoin, of late. We’re always interested to hear your thoughts.

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GOLD PRICES ( AM/ PM LBMA FIX– USD, GBP & EUR )

	USD $ AM	USD $ PM	GBP £ AM	GBP £ PM	EUR € AM	EUR € PM
02-10-2023	1831.85	1833.05	1504.86	1509.70	1737.88	1742.13
29-09-2023	1871.60	1870.50	1528.16	1531.38	1764.54	1768.18
28-09-2023	1874.10	1873.55	1537.70	1535.94	1780.02	1775.19
27-09-2023	1895.55	1887.30	1560.99	1554.19	1795.65	1793.69
26-09-2023	1912.30	1907.05	1569.23	1565.50	1803.87	1800.45
25-09-2023	1922.55	1924.85	1573.22	1575.68	1808.74	1814.94
22-09-2023	1926.20	1927.35	1573.32	1569.44	1810.82	1807.08
21-09-2023	1923.40	1915.00	1563.53	1561.30	1804.53	1799.33
20-09-2023	1930.15	1943.35	1560.14	1566.53	1804.69	1811.98

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About Author

Dave Russell

David is the CEO of GoldCore. Until Summer 2023 he was the Director of Marketing and Communications, responsible for all marketing and communications strategies and branding. David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020. Prior to this Dave managed and operated his own Marketing Agency and completed multiple coaching qualifications. "Working for GoldCore gives you a fantastic lens through which to view global financial and geopolitical developments. I am very proud to be part of a company that contributes to increasing investors understanding of these developments." When he’s not at work, David is passionate about sailing and has completed the ‘Round Ireland Yacht Race’ twice.