Currently viewing Global edition

All the noise and yet we are still at US$1,200/oz

Historically, economic problems in the Eurozone and conflicts in place like the Middle East and Ukraine would reinforce the case for the yellow metal, while a strengthening greenback and an upcoming rise in interest rates in the US tends to push it in the other direction.

None of these factors has had enough influence on the gold price to force it out of a comparatively narrow range, since it plummeted from the plus-US$1,600/oz levels in late 2013.