- Gold Trading | April 11, 2017
Friday’s rally in gold brought the ETFs close to their 200-day moving averages & year-to-date gains of just under 9%. Political risk is seen as a potential catalyst for gold & gold ETFs. Gold prices could move modestly higher with some help from emerging markets, namely China and India. However, the dollar has recently retreated in noticeable fashion, helping aid gold’s ascent along the way.