Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Mickey Fulp: Gold's Big Price Jump is Too High, Too Fast

The gold price has made a strong move upward in the summer months, rising from below US$1,300 per ounce in May to over US$1,500 in August.

The yellow metal has for the most part continued to hold above that level in September, and its activity has sparked optimism in the gold space. However, Mercenary Geologist Mickey Fulp believes market participants need to remain cautious.