As the Asian trading session got underway on Friday, gold rediscovered its upward movement and re-crossed the $4,200 mark that had previously been breached. This new momentum seems to be driven by growing concerns among investors regarding the economic outlook of the United States in the wake of the re-opening of the government after a lengthy shutdown.
Many traders and companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) will be looking out for any opinions expressed by influential members of the FOMC as such views could provide signals about the likely outcome of the Fed meeting next month. The momentum of the…
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