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Gold Futures - Jun 24 (GCM4)

Real-time capital.com
Currency in USD
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2,370.40
+30.10(+1.29%)
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Gold Futures Discussions

I thought the Petro Yuan being exchangeable for gold would have sent it to at least 1400
It's the foundations that this creates and the longer term affects that it will create...
 exactly, YUAN is less than 2% of all trade in the world.... people are jumping on macro headlines to marco headlines like crazy...
 it's very possible that yuan will overtake usd or someday on par with usd but that's not now. there is no way currency is going to price in long term affect that may or may not materialize... amazon wasn't trading at $1000+ on year 1.... so while i agree that it may lead to somewhere but not today.
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