Gold Surges After Goldman Says It Is Time To “Put Rate Hikes On Hold For Now”

Gold Surges After Goldman Says It Is Time To “Put Rate Hikes On Hold For Now” (ZeroHedge, April 5, 2015):

While equity futures are modestly higher compared to Friday’s early 9:15 am close, where only a short, 45 minute long bloodbath was allowed on Good Friday after the worst jobs report in two years, the one asset class that has moved the most by far this evening is gold, which has spiked by 1.5% and is on the verge of breaking out above the resistance level that has proven a tractor beam to any momentum breakout over the past 2 months.

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