The Moral Liberal
Gold rallies on technical buying; dead-cat bounce?
NEW YORK (Reuters) – Spot gold rallied more than 2 percent on Thursday for its largest one-day gain since late January, as technical buy signals and new signs of a sluggish US economy more than offset deepening despair over the euro zone.
Gold Advances Most Since October as Stimulus Bets Boost Demand
Negative US sentiment fuels gold rally
Gold Rallies More Than 2.6% After Slump