September in Precious Metals, by Steven Cochran of Gainesville Coins
Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainseville Coins where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do in September? Gold was pulled out of a 2-month low by the non-farm payrolls report that was substantially under predictions. Prices were slowly worn down as the month went on, until the Federal Reserve FOMC meeting on the 22nd. When the Fed did not raise interest rates, gold jumped $20 an …